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  1. Strategic complementarities in a model of commercial media bias
    Autor*in: Kerkhof, Anna; Münster, Johannes
    Erschienen: November 2023
    Verlag:  CESifo, Munich, Germany

    Media content is an important privately supplied public good. While it has been shown that contributions to a public good crowd out other contributions in many cases, the issue has not been thoroughly studied for media markets yet. We show that in a... mehr

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    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    DS 63
    Fernleihe:
    keine Fernleihe

     

    Media content is an important privately supplied public good. While it has been shown that contributions to a public good crowd out other contributions in many cases, the issue has not been thoroughly studied for media markets yet. We show that in a standard model of commercial media bias, qualities of media content are strategic complements, whereby investments into quality crowd in further investments and engage competitors in a race to the top. Therefore, financially strong public service media can mitigate commercial media bias: the content of commercial media can be more in line with the preferences of the audience and less advertiser-friendly in a dual (mixed public and commercial) media system than in a purely commercial media market.

     
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/282426
    Schriftenreihe: CESifo working papers ; 10738 (2023)
    Schlagworte: commercial media bias; public service media; advertising two-sided markets; supermodular games; strategic complements; public goods
    Umfang: 1 Online-Ressource (circa 45 Seiten)
  2. Strategic complementarities in a model of commercial media bias
    Autor*in: Kerkhof, Anna; Münster, Johannes
    Erschienen: October 2023
    Verlag:  ECONtribute, [Bonn]

    Media content is an important privately supplied public good. While it has been shown that contributions to a public good crowd out other contributions in many cases, the issue has not been thoroughly studied for media markets yet. We show that in a... mehr

    Zugang:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    DS 711
    Fernleihe:
    keine Fernleihe

     

    Media content is an important privately supplied public good. While it has been shown that contributions to a public good crowd out other contributions in many cases, the issue has not been thoroughly studied for media markets yet. We show that in a standard model of commercial media bias, qualities of media content are strategic complements, whereby investments into quality crowd in further investments and engage competitors in a race to the top. Therefore, Önancially strong public service media can mitigate commercial media bias: the content of commercial media can be more in line with the preferences of the audience and less advertiser-friendly in a dual (mixed public and commercial) media system than in a purely commercial media market.

     
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/283303
    Schriftenreihe: ECONtribute discussion paper ; no. 261
    Schlagworte: commercial media bias; public service media; advertising; two-sided markets; supermodular games; strategic complements; public goods
    Umfang: 1 Online-Ressource (circa 44 Seiten)
  3. Learning in monotone Bayesian games
    Autor*in: Beggs, Alan W.
    Erschienen: 2015
    Verlag:  Univ. of Oxford, Dep. of Economics, Oxford

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Fernleihe:
    keine Fernleihe
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Hinweise zum Inhalt
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Schriftenreihe: Department of Economics discussion paper series / University of Oxford ; 737
    Schlagworte: bayesian games; monotone strategies; learning; stochastic approximation; supermodular games
    Umfang: Online-Ressource (34 S.)