The Consumer Gains from Direct Broadcast Satellites and the Competition with Cable TV
Author | : Austan Goolsbee |
Publisher | : |
Total Pages | : 76 |
Release | : 2002 |
Genre | : Cable television |
ISBN | : |
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Author | : Austan Goolsbee |
Publisher | : |
Total Pages | : 76 |
Release | : 2002 |
Genre | : Cable television |
ISBN | : |
Author | : Austan Goolsbee |
Publisher | : |
Total Pages | : 39 |
Release | : 2001 |
Genre | : Cable television |
ISBN | : |
This paper examines the introduction of Direct Broadcast Satellites as an alternative to cable television and the welfare gains such satellites generated for consumers. The extent to which satellites compete with cable has become an important issue in the debate over re-regulation of cable prices. We estimate a consumer level demand system for satellite, basic cable, premium cable and local antenna using extensive micro data on the television choices of more than 15,000 people as well as price and characteristics data on cable companies throughout the nation. The results indicate that, after properly controlling for unobservable product attributes and the endogeneity of prices, the direct welfare gain to satellite buyers averages about $50 dollars per year or approximately $450 million annually in the aggregate. Estimates that do not control for unobserved attributes and endogenous prices overstate the welfare gains by almost a factor of fifteen. The price sensitivity of satellite to both its own price and the price of cable is extremely high. The price sensitivity of cable, however, is low, likely indicating that satellite is not a close substitute at the time of our sample
Author | : United States. Congress. House. Committee on the Judiciary |
Publisher | : |
Total Pages | : 152 |
Release | : 2001 |
Genre | : Antitrust law |
ISBN | : |
Author | : Kim E. Degnan |
Publisher | : |
Total Pages | : 150 |
Release | : 1981 |
Genre | : Artificial satellites in telecommunication |
ISBN | : |
Author | : United States. Congress. Senate. Committee on the Judiciary. Subcommittee on Antitrust, Business Rights, and Competition |
Publisher | : |
Total Pages | : 74 |
Release | : 1999 |
Genre | : Technology & Engineering |
ISBN | : |
Author | : United States. General Accounting Office |
Publisher | : |
Total Pages | : 56 |
Release | : 2000 |
Genre | : Cable television |
ISBN | : |
Author | : Patrick Parsons |
Publisher | : Allyn & Bacon |
Total Pages | : 392 |
Release | : 1998 |
Genre | : Performing Arts |
ISBN | : |
The world of cable and satellite delivered television is constantly evolving and changing with new technology. These new technologies, especially the transition to digital distribution, are altering the world of television. The momentous results of these changes can be seen in the convergence of communications markets and services. This is the only book on the market that successfully captures the scope and detail of these developments. It examines the convergence and competition of emerging television industries both domestically and internationally. This book's clarity and comprehensibility make it accessible to readers without a background in these areas. Also, current employees in the industry will benefit from the broad based topics of the industry that are explored in this book. These topics include chapters on history, technology, industry structure, industry programming and services, daily operations, law and policy, international activities, and social issues. Also included is a detailed discussion of the 1996 Telecommunications Act, as well as other legal issues that are crucial to a clear understanding of the industry. Ultimately this book is a detailed review of where cable and satellite has come from, what it is like today, where it is headed and why, and how it relates to other media. Industry gurus and novices alike. Part of the Allyn & Bacon Series inMass Communication.