The Experts below are selected from a list of 306 Experts worldwide ranked by ideXlab platform
Michele Polo - One of the best experts on this subject based on the ideXlab platform.
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beyond the spectrum constraint concentration and entry in the Broadcasting Industry
Rivista di Politica Economica, 2001Co-Authors: Massimo Motta, Michele PoloAbstract:The Broadcasting Industry is still very concentrated all over the world, after 15 years in which new technologies and public policies allowed to overcome the constraint of limited availability of frequencies on the radio spectrum. We argue that the monopolistic competition set up, traditionally used to analyze the Broadcasting Industry, does not fit the empirical evidence. Instead we analyze the free entry equilibrium in a multistage game in which the decision on program quality (attractiveness) is crucial and the associated fixed costs are endogenously determined. We show that concentration might arise in the long run even in large markets despite entry is free.(This abstract was borrowed from another version of this item.)
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concentration and public policies in the Broadcasting Industry the future of television
Economic Policy, 1997Co-Authors: Massimo Motta, Michele PoloAbstract:New technologies are deeply transforming the Broadcasting Industry. What we have seen so far is only the beginning of a long story. Inevitably, Industry regulations must adapt, which means that a wide-ranging rethink of current practices is required. In order to assess the likely evolution of the Industry, this article decomposes it into a number of components, from conception of programmes to their Broadcasting, including distribution, storage and licensing. Contrary to popular expectations, the analysis suggests that the current high degree of concentration will, if anything, increase. The policy implication is that regulation, so far driven by now obsolete technological constraints, should increasingly emphasize promoting competition. Copyright Centre for Economic Policy Research, Centre for Economic Studies, Maison des Sciences de l'Homme 1997.
Benoit Pierre Freyens - One of the best experts on this subject based on the ideXlab platform.
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royalties entry and spectrum allocation to the Broadcasting Industry a corrigendum
Journal of Public Economic Theory, 2018Co-Authors: Amnon Levy, Michael R Caputo, Benoit Pierre FreyensAbstract:The purpose of the corrigendum is to correct the list of authors to a previously published article in Journal of Public Economic Theory.
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royalties entry and spectrum allocation to the Broadcasting Industry
Journal of Public Economic Theory, 2017Co-Authors: Michael R Caputo, Benoit Pierre FreyensAbstract:We characterize the socially optimal trajectory of spectrum royalty and firm entry in a deregulated over-the-air Broadcasting Industry. A social planner maximizes consumers' lifetime utility by setting royalties for the use of publicly owned spectrum. As the number of broadcasters adjusts to profits over time, the quality of service improves through greater variety but also deteriorates through intensified interferences. Contrary to observed consolidation and return to concentration in past deregulatory reforms, we find that optimal royalty control that accounts for these quality effects steers the socially optimal trajectory of royalties and firms to a more competitive steady state.
Massimo Motta - One of the best experts on this subject based on the ideXlab platform.
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beyond the spectrum constraint concentration and entry in the Broadcasting Industry
Rivista di Politica Economica, 2001Co-Authors: Massimo Motta, Michele PoloAbstract:The Broadcasting Industry is still very concentrated all over the world, after 15 years in which new technologies and public policies allowed to overcome the constraint of limited availability of frequencies on the radio spectrum. We argue that the monopolistic competition set up, traditionally used to analyze the Broadcasting Industry, does not fit the empirical evidence. Instead we analyze the free entry equilibrium in a multistage game in which the decision on program quality (attractiveness) is crucial and the associated fixed costs are endogenously determined. We show that concentration might arise in the long run even in large markets despite entry is free.(This abstract was borrowed from another version of this item.)
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concentration and public policies in the Broadcasting Industry the future of television
Economic Policy, 1997Co-Authors: Massimo Motta, Michele PoloAbstract:New technologies are deeply transforming the Broadcasting Industry. What we have seen so far is only the beginning of a long story. Inevitably, Industry regulations must adapt, which means that a wide-ranging rethink of current practices is required. In order to assess the likely evolution of the Industry, this article decomposes it into a number of components, from conception of programmes to their Broadcasting, including distribution, storage and licensing. Contrary to popular expectations, the analysis suggests that the current high degree of concentration will, if anything, increase. The policy implication is that regulation, so far driven by now obsolete technological constraints, should increasingly emphasize promoting competition. Copyright Centre for Economic Policy Research, Centre for Economic Studies, Maison des Sciences de l'Homme 1997.
Marc Ivaldi - One of the best experts on this subject based on the ideXlab platform.
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advertising competition in the free to air tv Broadcasting Industry
2017Co-Authors: Marc Ivaldi, Jiekai ZhangAbstract:This paper empirically investigates the advertising competition in the French broadcast television Industry within a two-sided market framework. We use a unique dataset on the French broadcast television market including audience, prices, and quantities of advertising of twenty-one TV channels from March 2008 to December 2013. We specify a structural model of oligopoly competition and identify the shape and magnitude of the feedback loop between TV viewers and advertisers. We also implement a simple procedure to identify the conduct of firms on the market. We find that the nature of competition in the French TV advertising market is of the Cournot type. Further, we provide empirical evidence that the price-cost margin is not a good indicator of the market power of firms operating on two-sided markets. Finally, we provide a competition analysis. The counterfactual simulation suggests that the merger of advertising sales houses would not have significantly affected the equilibrium outcomes in this Industry because of the strong network externalities between TV viewers and advertisers. These results provide a critical evaluation of the 2010 decision of the French competition authority to authorize the acquisition of two broadcast TV channels by a large media group under behavioral remedies.
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advertising competition in the french free to air television Broadcasting Industry
2015Co-Authors: Marc Ivaldi, Jiekai ZhangAbstract:This paper studies the advertising competition in the French free TV Broadcasting Industry, following a decision of the French anti-trust authority on the acquisition of two channels by the most active media group of the sector. After specifying a structural model of oligopoly competition of free TVs, we identify the shape and magnitude of the feedback loop between TV viewers and advertisers using French market data from March 2008 to December 2013. We implement a simple procedure to test the market conduct of TV channels, and identify that the nature of competition is of Cournot type in this Industry. Finally, based on a series of competitive analysis, we conclude that the approved acquisition has not significantly affected the Industry's competitiveness, and that the implemented behavioral remedies seems to be efficient in protecting the consumer surplus.
Jonathan V Beaverstock - One of the best experts on this subject based on the ideXlab platform.
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cultural and economic complementarities of spatial agglomeration in the british television Broadcasting Industry some explorations
Environment and Planning A, 2011Co-Authors: Gary A S Cook, Naresh R Pandit, Jonathan V BeaverstockAbstract:This paper considers the processes supporting agglomeration in the British television Broadcasting Industry. It compares and contrasts the insights offered by the cultural turn in geography and more conventionally economic approaches. It finds that culture and institutions are fundamental to the constitution of production and exchange relationships and also that they solve fundamental economic problems of coordinating resources under conditions of uncertainty and limited information. Processes at a range of spatial scales are important, from highly local to global, and conventional economics casts some light on which firms are most active and successful.
