A simple model of advertising and subscription fees

被引:10
作者
Baye, MR
Morgan, J
机构
[1] Indiana Univ, Kelley Sch Business, Bloomington, IN 47405 USA
[2] Princeton Univ, Princeton, NJ 08544 USA
关键词
price dispersion; advertising;
D O I
10.1016/S0165-1765(00)00313-X
中图分类号
F [经济];
学科分类号
02 ;
摘要
Traditional and modern mass media - such as television, newspapers, magazines, and Internet sites typically derive the bulk of their revenues from advertisements rather than subscriptions. We present a simple model that explains this phenomenon. (C) 2000 Elsevier Science S.A. All rights reserved.
引用
收藏
页码:345 / 351
页数:7
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