| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w21832 |
| 来源ID | Working Paper 21832 |
| The Welfare Effects of Vertical Integration in Multichannel Television Markets | |
| Gregory S. Crawford; Robin S. Lee; Michael D. Whinston; Ali Yurukoglu | |
| 发表日期 | 2016-01-04 |
| 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 efficacy of regulatory policies introduced by the U.S. Federal Communications Commission to address competition concerns in this industry. |
| 主题 | Industrial Organization ; Market Structure and Firm Performance ; Antitrust ; Regulatory Economics ; Industry Studies |
| URL | https://www.nber.org/papers/w21832 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/579506 |
| 推荐引用方式 GB/T 7714 | Gregory S. Crawford,Robin S. Lee,Michael D. Whinston,et al. The Welfare Effects of Vertical Integration in Multichannel Television Markets. 2016. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w21832.pdf（1283KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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