G2TT
来源类型Discussion paper
规范类型论文
来源IDDP17446
DP17446 Why Is Exclusivity in Broadcasting Rights Prevalent and Why Does Simple Regulation Fail?
Jerome Pouyet; David Martimort
发表日期2022-07-07
出版年2022
语种英语
摘要Pay-TV firms compete both downstream to attract viewers and upstream to acquire broadcasting rights. Because profits inherited from downstream competition satisfy a convexity property, allocating rights to the dominant firm maximizes the industry profit. Such an exclusive allocation of rights emerges as a robust equilibrium outcome but may fail to be welfare maximizing. We analyze whether a ban on resale and a ban on package bidding may improve welfare. These corrective policies have no impact on the final allocation but lead to profit redistribution along the value chain.
主题Industrial Organization
关键词Broadcasting rights Upstream and downstream competition Exclusivity
URLhttps://cepr.org/publications/dp17446
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/546535
推荐引用方式
GB/T 7714
Jerome Pouyet,David Martimort. DP17446 Why Is Exclusivity in Broadcasting Rights Prevalent and Why Does Simple Regulation Fail?. 2022.
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