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Handbook of Media Economics, vol 1A

This book surveys and analyzes recent research regarding the theories, evidence, and regulatory policy at work in media industries and their economic impacts

Simon P. Anderson (Edited by), Joel Waldfogel (Edited by), David Stromberg (Edited by)

9780444627216, Elsevier Science

Hardback, published 3 December 2015

562 pages
23.4 x 19 x 3.2 cm, 1.32 kg

"This Handbook provides a very useful overview of the economic literature on the media, a literature that has grown tremendously in the last few decades. Now we will have one single place to go when in need of accessing state-of the-art knowledge in this research area. It is particularly welcome that the editors have collected surveys both across the various media industries and across the main market-structure and political-economy issues." --Tore Nilssen, University of Oslo

"At last the long-awaited handbook on the economics of media! Despite 15 years of high quality research, the field has suffered from the lack of systematic and comprehensive presentation. This handbook not only illustrates the basic economic forces shaping traditional and new media markets but also analyses the relationship between media markets and politics. I plan to use it in my graduate and doctoral courses. It will also help academics considering new research in the field." --Lapo Filistrucchi, University of Florence and Tilburg University

Handbook of Media Economics provides valuable information on a unique field that has its own theories, evidence, and policies. Understanding the media is important for society, and while new technologies are altering the media, they are also affecting our understanding of their economics.

The book spans the large scope of media economics, simultaneously offering in-depth analysis of particular topics, including the economics of why media are important, how media work (including financing sources, institutional settings, and regulation), what determines media content (including media bias), and the effects of new technologies. The book provides a powerful introduction for those interested in starting research in media economics.

I: Media Market Structure and Performance

1. Preference Externalities in Media Markets. Simon Anderson and Joel Waldfogel

2. Advertising Finance and Two Sided Business Models. Simon Anderson and Bruno Jullien

3. Empirics of Media Markets. Steven Berry and Joel Waldfogel

4. Economics of Advertising. Regis Renault

5. Audience Behavior and Ad Response. Ken Wilbur

6. Merger Policy and Regulation in Media Industries. Oystein Foros, Hans Jarle Kind and Lars Sorgard

II: Sectors

7. Television. Mark Armstrong and Greg Crawford

8. Radio. Andrew Sweeting

9. Newspapers and Magazines. Chandra Ambarish and Ulrich Kaiser

10. Media Economics of the Internet. Martin Peitz and Markus Reisinger

11. Privacy and the Internet. Catherine Tucker

12. User-Generated Content. Michael Luca

III: The Political Economy of Mass Media

13. Media Coverage and Influence on Government. David Stromberg

14. Media Bias in the Marketplace: Theory. Daniel Stone, Matthew Gentzkow and Jesse Shapiro

15. Media Bias in the Marketplace: Empirics. Riccardo Puglisi and James M. Snyder

16. Government Influence on Media: Theory. Andrea Prat

17. Government Influence on Media: Empirics. Ruben Enikolopov and Maria Petrova

18. The Role of Media in Finance. Paul Tetlock

19. Media and Social and Economic Outcome. Stefano Della Vigna and Eliana La Ferrara

Subject Areas: Computing & information technology [U], Media, information & communication industries [KNT], Econometrics [KCH], Microeconomics [KCC], Economics [KC], Economics, finance, business & management [K], Media studies [JFD]

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