The economic regulation of broadcasting markets : evolving technology and the challenges for policy / edited by Paul Seabright and Jürgen von Hagen.
"New technology is revolutionizing broadcasting markets. As the cost of bandwidth processing and delivery fall, information-intensive services that once bore little economic relationship to each other are now increasingly related as substitutes or complements. Television, newspapers, telecoms a...
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| Other Authors: | , |
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| Format: | Book |
| Language: | English |
| Published: |
Cambridge :
Cambridge University Press,
2007.
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| Subjects: | |
| Online Access: | Contributor biographical information |
| Summary: | "New technology is revolutionizing broadcasting markets. As the cost of bandwidth processing and delivery fall, information-intensive services that once bore little economic relationship to each other are now 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 none 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 microeconomics, 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."--Publisher description. |
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| Physical Description: | xii, 356 pages : illustrations ; 24 cm |
| Bibliography: | Includes bibliographical references and index. |
| ISBN: | 052187405X 9780521874052 0521696348 9780521696340 0511285086 9780511285080 0511284268 9780511284267 |