The model we discuss in this note is a re-examination of the classical Bertrand model of imperfect competition. the main difference is that consumers are allowed to have some strategic behavior when deciding from which one of the two sellers to buy. We will approach the resolution of the...

The authors argue that TV regulation should be based on the same principles used for print media, for which control of editorial content lies in private hands rather than the government.

The authors address claims that vertical ownership ties reduce programming diversity, restrict entry of competitors to cable, or have other socially undesirable effects.

The authors consider whether any special circumstances justify departure from free trade in telecommunications equipment.

The study concludes that the HDTV case ironically confirms the misgivings of skeptics and demonstrates the flaws in industrial policy.

This book calculates the deadweight loss caused by the inefficient method of taxation that the Federal Communications Commission has employed and describes an alternative method.

The author explores periods of rapid technological change for coincidences of widening inequality and slowing productivity growth.