The present paper deals with the issue of newspaper subsidies in a framework of endogenous quality provision. We compare monopoly and duopoly cases in a vertically differentiated model. For monopolies we show that a per-copy subsidy reduces quality. Conversely, in duopolies in the vertically differentiated model, we show that a state subsidy might increase the quality of the low-quality newspaper and decrease the quality of the high-quality newspaper.
(2018). Newspapers and public grants: A matter of quality [journal article - articolo]. In SCOTTISH JOURNAL OF POLITICAL ECONOMY. Retrieved from http://hdl.handle.net/10446/115638
Newspapers and public grants: A matter of quality
Battaggion, Maria Rosa;Vaglio, Alessandro
2018-01-01
Abstract
The present paper deals with the issue of newspaper subsidies in a framework of endogenous quality provision. We compare monopoly and duopoly cases in a vertically differentiated model. For monopolies we show that a per-copy subsidy reduces quality. Conversely, in duopolies in the vertically differentiated model, we show that a state subsidy might increase the quality of the low-quality newspaper and decrease the quality of the high-quality newspaper.File | Dimensione del file | Formato | |
---|---|---|---|
SJPE_2018.pdf
Solo gestori di archivio
Versione:
publisher's version - versione editoriale
Licenza:
Licenza default Aisberg
Dimensione del file
268.37 kB
Formato
Adobe PDF
|
268.37 kB | Adobe PDF | Visualizza/Apri |
Pubblicazioni consigliate
Aisberg ©2008 Servizi bibliotecari, Università degli studi di Bergamo | Terms of use/Condizioni di utilizzo