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Welfare Effects of Public Service Broadcasting in a Free-to-Air TV Market
2011
Social Science Research Network
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Viewer's private information consumption generates external benefits for society, because information improves the ability of voters to control politicians. Our study compares two settings in a free-to-air TV market: a differentiated duopoly of private channels and an oligopoly with both private channels and a public service broadcaster broadcasting information as well as entertainment programs. We find that welfare effects of public service broadcasting depend on its program design and cost
doi:10.2139/ssrn.1935910
fatcat:wgbvjqzdlvgdlmclgl3exqwcna