Welfare effects of public service broadcasting in a free-to-air TV market

Arbeitspapier

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 efficiency, the external benefits of voter's information, and the magnitude of lost rents from the advertising market.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Economics Department Working Paper Series ; No. 13

Classification and Topics

• Classification: Wirtschaft ; Entertainment; Media ; Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior ; Public Enterprises; Public-Private Enterprises
• Subject: Media ; two-sided TV market ; information externalities

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Rothbauer, Julia ; Sieg, Gernot
• Event: Veröffentlichung
• (who): Technische Universität Braunschweig, Institut für Volkswirtschaftslehre
• (where): Braunschweig
• (when): 2011

Further information

• Handle: http://hdl.handle.net/10419/51315
• Last update: 10.03.2025, 11:44 AM CET