Kind, Hans Jarle; Nilssen, Tore; Sørgard, Lars - CESifo GmbH <München> - 2006
We consider a model of a TV oligopoly where TV channels transmit advertising and viewersdislike such commercials. We …, themore likely it is that welfare is increasing in the number of advertising financed TV channels... … recent literature is reviewed by Anderson and Gabszewicz (2005).
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See Motta and Polo (1997) for a survey of the media …