Year: 2007
Type: article
Abstract: 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.
Source: The Journal of Law and Economics
DOI: 10.1086/508310
Authors: Gregory S. Crawford, Matthew Shum
Institutions: University of Arizona, Johns Hopkins University
Language: English
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: bronze
OpenAlex ID: W3124165255