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Title:Welfare effects of public service broadcasting in a free-to-air TV market PDF Logo
Authors:Rothbauer, Julia
Sieg, Gernot
Issue Date:2011
Series/Report no.:Economics Department Working Paper Series 13
Abstract:Viewer's private information consumption generates external benefits for society, because information improves the ability of voters to control politicians. Our study compares two settings in a free-to-air TV market: a differentiated duopoly of private channels and an oligopoly with both private channels and a public service broadcaster broadcasting information as well as entertainment programs. We find that welfare effects of public service broadcasting depend on its program design and cost efficiency, the external benefits of voter's information, and the magnitude of lost rents from the advertising market.
Subjects:Media
two-sided TV market
information externalities
JEL:L82
D72
L32
Document Type:Working Paper
Appears in Collections:Economics Department Working Paper Series, TU Braunschweig

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