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television in the formation of political consensus in Italy. Based on probit and instrumental variables estimates, we find trust … in television to be the most significant predictor of trust in the Italian prime minister. The latter is also strongly …
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Television is the dominant entertainment medium for hundreds of millions. This chapter surveys the economic forces that … determine the production and consumption of this content. It presents recent trends in television and online video markets, both … number of distinct themes emerge, including the growing importance of the pay-television sector, the role played by content …
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We customize the aggregative game approach to oligopoly to study asymmetric media markets. Advertiser, platform, and consumer surplus are tied together by a simple summary statistic. When media are ad-financed and ads are a nuisance to consumers we establish see-saws between consumers and...
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