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Item Details
Title:
THE ECONOMIC REGULATION OF BROADCASTING MARKETS
EVOLVING TECHNOLOGY AND CHALLENGES FOR POLICY
By:
Paul Seabright (Editor), Jurgen von Hagen (Editor)
Format:
Paperback
List price:
£36.99
Our price:
£32.37
Discount:
12.5
% off
You save:
£4.62
ISBN 10:
0521696348
ISBN 13:
9780521696340
Availability:
Usually dispatched within 1-3 weeks.
Delivery rates
Stock:
Currently
0
available
Publisher:
CAMBRIDGE UNIVERSITY PRESS
Pub. date:
1 April, 2007
Pages:
368
Description:
This book provides a state-of-the-art analysis of broadcasting regulation using the insights of modern microeconomics.
Synopsis:
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.
Illustrations:
4 b/w illus. 14 tables
Publication:
UK
Imprint:
Cambridge University Press
Returns:
Returnable
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