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Technische Universität Braunschweig >
Institut für Volkswirtschaftslehre, Technische Universität Braunschweig >
Economics Department Working Paper Series, TU Braunschweig >
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http://hdl.handle.net/10419/51315
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| Title: | | Welfare effects of public service broadcasting in a free-to-air TV market  |
| 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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