Data and Code for: Ownership Concentration and Strategic Supply Reduction
收藏DataCite Commons2025-01-27 更新2025-04-16 收录
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资源简介：
This repository contains code to accompany the article "Ownership Concentration and Strategic Supply Reduction". <br><br>Article summary:<br>We explore the implications of ownership concentration
for the recently concluded incentive auction that re-purposed spectrum from
broadcast TV to mobile broadband usage in the U.S. We document significant
multi-license ownership of TV stations. We show that in the reverse auction, in
which TV stations bid to relinquish their licenses, multi-license owners have
an incentive to withhold some TV stations to drive up prices for their
remaining TV stations. Using a large-scale valuation and simulation exercise,
we find that this strategic supply reduction increases payouts to TV stations
by between 13.5% and 42.4%.
提供机构：
ICPSR - Interuniversity Consortium for Political and Social Research
创建时间：
2025-01-27
