Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/51315
Authors: 
Rothbauer, Julia
Sieg, Gernot
Year of Publication: 
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

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