Showing 1 - 10 of 548
This paper examines incentives for exclusive distribution of content in the presence of advertising. A monopoly seller …-maximising choice, even when distributors also sell advertising airtime. When distributors are purely advertising-funded, however, non …-exclusive contracting may instead be preferred. Advertising revenues accruing directly to the content provider may also generate a …
Persistent link: https://www.econbiz.de/10011083559
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 that if viewers strongly dislike advertising, the advertising intensity …
Persistent link: https://www.econbiz.de/10005123830
increases advertising clutter (leading to a potential downward spiral), may reduce total welfare and content quality, and can …
Persistent link: https://www.econbiz.de/10008468534
collusive behaviours in favour of Stackelberg competition with the incumbent as the leader. A preliminary comparison with the UK … results, we argue that the difference can be explained by more competition between firms in the French case. …
Persistent link: https://www.econbiz.de/10005123972
, consumers do not. Under non-comparative advertising a firm may signal its own quality. Under comparative advertising firms may … scenarios equilibria are revealing. Under comparative advertising the firms never advertise together which they may do under non …-comparative advertising. …
Persistent link: https://www.econbiz.de/10005661761
This paper investigates the role of campaign advertising and the opportunity of legal restrictions on it. An electoral … receive on non-directly informative advertising. This paper shows that: (1) A separating equilibrium exists in which the group … rational, a ban on campaign advertising can be welfare-improving; and (3) Split contributions may arise in equilibrium (and …
Persistent link: https://www.econbiz.de/10005666899
can exploit this effect to relax competition through information exchange and analyse the role of advertising in such …
Persistent link: https://www.econbiz.de/10005791781
We develop a model with many advertisers (products) and many advertising markets (media). Each advertiser sells to a … different segment of consumers, and each medium has a different ability to target advertising messages. We characterize the … competitive equilibrium in the media markets and evaluate the implications of targeting in advertising markets. An increase in the …
Persistent link: https://www.econbiz.de/10008607505
Contractual execution generates hard information, available to the contracting parties, even when contracts are secretly executed. Building on this simple observation, the paper shows that incomplete contracts can be preferred to complete contracts. This is because (i) execution of incomplete...
Persistent link: https://www.econbiz.de/10004976792
transfer, and their implications for investment, innovation, and product market competition. The model also sheds light on the …
Persistent link: https://www.econbiz.de/10011168896