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We investigate the political impact of entertainment television in Italy over the past thirty years by exploiting the … municipalities that had access to Mediaset prior to 1985 - when the network only featured light entertainment programs - were … different mechanisms through which early exposure to entertainment content may have influenced their political attitudes. …
Persistent link: https://www.econbiz.de/10011401288
We examine cost-reducing investment in vertically-related oligopolies, where firms may be vertically integrated or separated. Analyzing a standard linear Cournot model, we show that: (i) Integrated firms invest more than separated competitors. (ii) Vertical integration increases own investment...
Persistent link: https://www.econbiz.de/10001807376
We examine vertical backward integration in a reducedform model of successive oligopolies. Our key findings are: (i) There may be asymmetric equilibria where some firms integrate and others remain separated, even if firms are symmetric initially; (ii) Efficient firms are more likely to integrate...
Persistent link: https://www.econbiz.de/10001783575
Film tourism, meaning the phenomenon that is born of the desire to visit film locations, has been the object of … the effects of the film "Basilicata Coast to Coast", by Rocco Papaleo, on tourism in Basilicata, (a small region in the … South of Italy) after its success at the box office and several Italian awards. The film, planned with the involvement of …
Persistent link: https://www.econbiz.de/10009687345
When procurement contracts are incomplete, they are frequently changed after the contract is awarded to the lowest bidder. This results in a final cost that differs from the initial price, and may involve significant transaction costs due to renegotiation. We propose a stylized model of bidding...
Persistent link: https://www.econbiz.de/10011607047
We consider a model of commercial television market, where private broadcasters coexist with a public television broadcaster. Assuming that the public TV station follows a policy of Ramsey pricing whereas the private stations are profit maximizers, we consider the equilibria in this market and...
Persistent link: https://www.econbiz.de/10012142320
We study the effect of media coverage on individual behaviour during a public health crisis. For this purpose, we collect a unique dataset of 200,000 newspaper articles about the Covid-19 pandemic from Sweden - one of the few countries that did not impose mandatory lockdowns or curfews. We show...
Persistent link: https://www.econbiz.de/10014425855
Newspapers have experienced declining circulation figures and declining advertising revenues for several years. In particular, declining advertising figures put a threat on newspapers - this is especially severe in the US where 73% of their revenues are generated through advertising. On the...
Persistent link: https://www.econbiz.de/10009388219
This paper surveys four Argentinean industries light ships, television programs, wines, and wooden furniture that have experienced substantial export growth in recent years, particularly to developed countries. The case studies first describe the structure of the industries, then characterize...
Persistent link: https://www.econbiz.de/10010247140
Public Service Media (PSM) online is a highly up to date topic. There is no clear consensus among researchers if Public Service Media should have a legitimization online and if so to which extent. Some authors still demand for an extensive role of public service provision in the digital era...
Persistent link: https://www.econbiz.de/10008697057