Handbook on the Economics of the Media

At a time of growing interest in economic aspects of media, this edited volume presents a comprehensive and timely set of perspectives on key sectors of media and media infrastructures and related economic questions. Impressive in both scope and depth, this well-informed book guides readers through a compelling set of concepts and issues relevant to an increasingly internationalised contemporary media environment.'- Gillian Doyle, University of Glasgow, UK'This volume offers a comprehensive overview of modern approaches to media economics at a time of remarkable transition to new technologies and new business models.'- Bruce Owen, Stanford University, USMedia industries and services present a complex set of challenges to economic analysis: challenges made more difficult by the technological changes that have been transforming the media sector. Research on the economics of media has made major advances in recent years and has contributed greatly to an increasingly sophisticated understanding of how media are shaped by economic forces, including those unleashed by new technologies. This Handbook examines the variety of contexts and infrastructures in which content is produced and distributed and how these influence the types of media products and services available, their pricing, their consumption and the public policies related to them.The original contributions provide a state-of-the-art guide to the most recent thinking and research findings on the broad range of media-related topics addressed by economics research. Written by leading scholars, this book should be informative and of practical value for advanced students, policy makers, industry professionals, economists, media economists, and other academics.Contributors: N. Adilov, P.J. Alexander, P. Barwise, B.J. Bates, T. Björkroth, E. Castronova, B. Cunningham, A. Dukes, J.J. Gabszewicz, N. Geidner, L. George, M. Grönlund, S.W. Ji, C. Karlsson, H.J. Kind, I. Knowles, S.Y.Lee, J.D. Levy, A. Manduchi, J. Møen, R.G. Picard, J. Resende, T. Ross, P. Rouchy, N. Sonnac, R. Towse, D. Waterman, S. Wildman, Y.-X. Zhu