Optimal product variety in radio markets.

A vast theoretical literature explores inefficient market structures in free-entry equilibria, and previous empirical work demonstrated that excessive entry may obtain in local radio markets. We extend that literature by relaxing the assumption that stations are symmetric, allowing for endogenous ho...

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Detalles Bibliográficos

Publicado en:	RAND Journal of Economics (Wiley-Blackwell) Vol. 47; no. 3; pp. 463 - 498
Autores principales:	Berry, Steven, Eizenberg, Alon, Waldfogel, Joel
Formato:	Artículo
Publicado:	Wiley-Blackwell Fall2016
Materias:	Broadcasting industry Empirical research Market design & structure (Economics) Economics literature Market equilibrium
Acceso en línea:	Ver este registro en EBSCOhost