The implementation of Directive 2001/77/EC on the promotion of electricity produced from renewable sources sets a target of 22.1% of electricity consumption in the EU in 2010, and establishes various mechanisms that member countries may adopt depending on their needs. This paper analyses these...

We compare the advertising intensity and content of programming in a market with competing media platforms. With pay-tv, media platforms have two sources of revenues, advertising revenues and revenues from viewers. With free-to-air, media platforms receive all revenues from advertising. We show...