Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/19055 
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dc.contributor.authorCrampes, Claudeen
dc.contributor.authorHaritchabalet, Caroleen
dc.contributor.authorJullien, Brunoen
dc.date.accessioned2009-01-28T15:54:44Z-
dc.date.available2009-01-28T15:54:44Z-
dc.date.issued2005-
dc.identifier.urihttp://hdl.handle.net/10419/19055-
dc.description.abstractThis paper presents a model of media competition with free entry when media operators arefinanced both from advertisers and customers. The relation between advertising receipts andsales receipts, which are both complementary and antagonist, is different if media operatorsimpose a price or a quantity to advertisers. When consumers dislike advertising, mediaoperators are better off setting an advertising price than an advertising quantity. We establisha relationship between the equilibrium levels (advertising and entry) and the advertisingtechnology. In particular, media operators? profit is not affected by the introduction ofadvertising when they impose advertising quantities and when advertising exhibits constantreturns to scale in the audience size. Under constant or increasing returns to scale in theaudience size, we find an excessive level of entry and an insufficient level of advertising.en
dc.language.isoengen
dc.publisher|aCenter for Economic Studies and ifo Institute (CESifo) |cMunichen
dc.relation.ispartofseries|aCESifo Working Paper |x1591en
dc.subject.jelL82en
dc.subject.jelL13en
dc.subject.ddc330en
dc.subject.keywordmediaen
dc.subject.keywordadvertisingen
dc.subject.keywordfree entryen
dc.subject.keywordtwo-sided marketsen
dc.subject.stwWerbungen
dc.subject.stwMarkteintritten
dc.subject.stwWerbewirtschaften
dc.subject.stwUnvollkommener Markten
dc.titleAdvertising, competition and entry in media industries-
dc.typeWorking Paperen
dc.identifier.ppn503744883en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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