Not logged in.

Contribution Details

Type Journal Article
Scope Discipline-based scholarship
Title Monopoly quality degradation and regulation in cable television
Organization Unit
Authors
  • Gregory S. Crawford
  • Matthew Shum
Item Subtype Original Work
Refereed Yes
Status Published in final form
Language
  • English
Journal Title The Journal of Law and Economics
Publisher University of Chicago Press
Geographical Reach international
ISSN 0022-2186
Volume 50
Number 1
Page Range 181 - 219
Date 2007
Abstract Text Using an empirical framework based on the Mussa-Rosen model of monopoly quality choice, we calculate the degree of quality degradation in cable television markets and the impact of regulation on those choices. We find lower bounds of quality degradation ranging from 11 to 45 percent of offered service qualities. Furthermore, cable operators in markets with local regulatory oversight offer significantly higher quality, less degradation, and greater quality per dollar, despite higher prices.
Related URLs
Digital Object Identifier 10.1086/508310
PDF File Download from ZORA
Export BibTeX
EP3 XML (ZORA)
Keywords Government regulation, monopoly, market prices, broadcast regulation, market share, cable television, cable television industry, consumer preferences, securities and exchange commission regulation