In this paper we investigate the relationship between news sources and media firms. Although empirically important, this channel for supply-driven media bias has not previously been analyzed in economics literature. We model the relationship as an informal contract based on trust and punishment,...

We compare a discriminatory pricing regime with a non-discriminatory regime in a competitive bottleneck model where content providers endogenously sort into single or multi-homers. We find that consumer prices rise when the share of single-homers increases in the non-discriminatory case, while...

Project networks have been identified as dynamic organizational forms which are reproduced by sets of project-based actor relationships. Project networks allow for the external pooling of resources and thereby help reconcile the managerial needs for stability and flexibility as well as...

This paper studies the efficient use of prioritization in Amazon's Twitch.tv, taking into account the trade-off between entry and congestion. I specify and estimate supply and demand models for live video, and a congestion model. Using technological shocks, I identify congestion costs for...

This paper shows that two related aspects of attention platforms are important for the sound economic analysis of public policy including antitrust: First, attention platforms generate valuable content. Even though people often don't pay for content, we know from revealed preference that content...

Two-sided markets consist of platforms that need to bring both retail consumers and complementary goods producers on board to be successful. Consumer adoption of these platforms can often hinge on the presence and magnitude of indirect network effects – the positive feedback loop where a...

As knowledge production becomes more specialized, studying complex and multi-faceted empirical realities becomes more difficult. This has created a growing need for cross-fertilization and collaboration between research disciplines. According to prior studies, the sharing of concepts, ideas and...

Social media affects not only the way we consume news, but also the way news is pro- duced, including by traditional media outlets. In this paper, we study the propagation of information from social media to mainstream media, and investigate whether news ed- itors are influenced in their...

The British broadcasting system is heavily influenced by public service broadcasting (PSB) concepts and regulation. The debate over PSB has raged for decades and has to varying degrees been based on the proposition that there are myriad market failures in the provision of broadcast television...