Arbeitspapier
Monopoly quality degradation in cable television
Using an empirical framework derived from models of nonlinear pricing, we estimate the degree of quality degradation in cable television markets. We find lower bounds on quality degradation ranging from 11% to 45% of observed service qualities. Furthermore, cable operators in markets with local regulatory oversight tend to offer significantly higher quality products, and engage in less quality degradation. While prices are also higher in markets with local regulatory oversight, we find that consumers experienced greater quality per dollar in these markets compared to consumers in markets without regulatory oversight.
- Sprache
-
Englisch
- Erschienen in
-
Series: Working Paper ; No. 502
- Klassifikation
-
Wirtschaft
Monopoly; Monopolization Strategies
Regulation and Industrial Policy: General
Legal Monopolies and Regulation or Deregulation
Market Structure, Pricing, and Design: Monopoly
- Thema
-
Kabelfernsehen
Dienstleistungsqualität
Monopol
USA
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Crawford, Gregory S.
Shum, Matthew
- Ereignis
-
Veröffentlichung
- (wer)
-
The Johns Hopkins University, Department of Economics
- (wo)
-
Baltimore, MD
- (wann)
-
2003
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Crawford, Gregory S.
- Shum, Matthew
- The Johns Hopkins University, Department of Economics
Entstanden
- 2003
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