Nodir, Adilov; Peter, Alexander; Cunningham Brendan M. - In: The B.E. Journal of Economic Analysis & Policy 12 (2012) 1, pp. 1-25
A cable operator chooses to bundle or provide programs a la carte by striking a balance between maximizing total surplus and minimizing transfer payments to program providers. Using general demand and cost functions, we show that a cable operator's decision to bundle maximizes total producer...
