| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP11202 |
| DP11202 The Welfare Effects of Vertical Integration in Multichannel Television Markets | |
| Gregory Crawford; Ali Yurukoglu; Michael D. Whinston; Robin Lee | |
| 发表日期 | 2016-03-31 |
| 出版年 | 2016 |
| 语种 | 英语 |
| 摘要 | We investigate the welfare effects of vertical integration of regional sports networks (RSNs) with programming distributors in U.S. multichannel television markets. Vertical integration can enhance efficiency by reducing double marginalization and increasing carriage of channels, but can also harm welfare due to foreclosure and incentives to raise rivals' costs. We estimate a structural model of viewership, subscription, distributor pricing, and affiliate fee bargaining using a rich dataset on the U.S. cable and satellite television industry (2000-2010). We use these estimates to analyze the impact of simulated vertical mergers and divestitures of RSNs on competition and welfare, and examine the e_cacy of regulatory policies introduced by the U.S. Federal Communications Commission to address competition concerns in this industry. |
| 主题 | Industrial Organization |
| 关键词 | Vertical integration Foreclosure Double marginalization Raising rivals' costs Cable television |
| URL | https://cepr.org/publications/dp11202 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/540019 |
| 推荐引用方式 GB/T 7714 | Gregory Crawford,Ali Yurukoglu,Michael D. Whinston,et al. DP11202 The Welfare Effects of Vertical Integration in Multichannel Television Markets. 2016. |
| 条目包含的文件 | 条目无相关文件。 | |||||
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
