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About this product
- DescriptionNew techlogy is revolutionizing broadcasting markets. As the cost of bandwidth processing and delivery fall, information-intensive services that once bore little ecomic relationship to each other are w increasingly related as substitutes or complements. Television, newspapers, telecoms and the internet compete ever more fiercely for audience attention. At the same time, digital encoding makes it possible to charge prices for content that had previously been broadcast for free. This is creating new markets where ne existed before. How should public policy respond? Will competition lead to better services, higher quality and more consumer choice - or to a proliferation of low-quality channels? Will it lead to dominance of the market by a few powerful media conglomerates? Using the insights of modern microecomics, this book provides a state-of-the-art analysis of these and other issues by investigating the power of regulation to shape and control broadcasting markets.
- Author BiographyPaul Seabright is Professor of Economics at the University of Toulouse. Jurgen von Hagen is director of the Center for European Integration Studies in Bonn.
- PublisherCambridge University Press
- Date of Publication26/04/2007
- SubjectEconomics: Textbooks & Study Guides
- Place of PublicationCambridge
- Country of PublicationUnited Kingdom
- ImprintCambridge University Press
- Content Note4 b/w illus. 14 tables
- Weight715 g
- Width152 mm
- Height228 mm
- Spine26 mm
- Edited byJurgen von Hagen,Paul Seabright
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