Media Market Concentration, Advertising Levels, and Ad Prices
Simon Anderson,
Øystein Foros,
Hans Jarle Kind and
Martin Peitz
No 3677, CESifo Working Paper Series from CESifo
Abstract:
Standard media economics models imply that increased platform competition decreases ad levels and that mergers reduce per-viewer ad prices. The empirical evidence, however, is mixed. We attribute the theoretical predictions to the combined assumptions that there is no advertising congestion and that viewers single-home. Allowing for crowding in viewer attention spans for ads may reverse standard results, as does allowing viewers to multi-home.
Keywords: media economics; pricing ads; advertising clutter; information congestion; mergers; entry (search for similar items in EconPapers)
JEL-codes: D11 D43 L13 (search for similar items in EconPapers)
Date: 2011
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Related works:
Journal Article: Media market concentration, advertising levels, and ad prices (2012) 
Working Paper: Media market concentration, advertising levels, and ad prices (2011) 
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Persistent link: https://EconPapers.repec.org/RePEc:ces:ceswps:_3677
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