Programming in a competitive broadcasting market: entry, welfare and regulation
Subject
Economics
Publishing details
Regulation Initiative Working Paper Series
Publication Year
1997
Abstract
It is shown how regulation might be needed in a competitive broadcasting industry to ensure a desirable mix of programming. A model building on the tradition of the existing literature illustrates how different regulatory instruments can be deployed to provide, where necessary, TV firms with appropriate incentives to choose certain programme types. Direct instructions and the use of a tax on profits are two such instruments. The model also considers the effect of entry and there is brief dicussion on regulatory risks. The paper contributes towards the public policy issues connected with broadcasting markets where extensive liberalisation is imminent.
Publication Research Centre
Regulation Initiative (closed)
Series Number
13
Series
Regulation Initiative Working Paper Series
Available on ECCH
No
