Skip to main content

Economics at the FCC: 2007–2008

Abstract

In any given year, the Federal Communications Commission confronts many issues of interest to economists. This paper summarizes four issues of interest during the last year: Spectrum Auctions, Media Ownership, Quality-Adjusted Cable Prices, and Leased Access. It highlights the role that economic analysis played in each and identifies areas where further research would be fruitful.

This is a preview of subscription content, access via your institution.

References

  1. Anstine D. (2001) How much will consumers pay? A hedonic analysis of the cable television industry. Review of Industrial Organization 19: 129–147

    Article  Google Scholar 

  2. Bernstein Research. (2007). Weekend media blast: Death, taxes... and cable rate increases. A look beneath the headlines. Discussion paper, Bernstein Research, 7 December 2007.

  3. Brown K., Uri N. (2004) Cable service and its implicit marginal valuation. Technology Analysis and Strategic Management 16(4): 539–560

    Article  Google Scholar 

  4. Brusco S., Lopomo G. (2002) Collusion via signaling in simultaneous ascending bid auctions with multiple objects and complementarities. Review of Economic Studies 69(2): 407–436

    Article  Google Scholar 

  5. Brusco, S., Lopomo, G., & Marx, L. (2008). The economics of contingent re-auctions. Working Paper, Duke Universtiy.

  6. Bykowsky, M., Olson, M., & Sharkey, W. (2008). A market-based approach to establishing licensing rules: Licensed versus unlicensed use of spectrum. Office of Strategic Planning and Policy Analysis Working Paper 43.

  7. Connolly M., Kwerel E. (2007) Economics at the Federal Communications Commission: 2006–2007. Review of Industrial Organization 31: 107–120

    Article  Google Scholar 

  8. Cramton P. (1997) The FCC spectrum auctions: An early assessment. Journal of Economics and Management Strategy 6(3): 431–495

    Article  Google Scholar 

  9. Cramton P., Schwartz J. (2000) Collusive bidding: Lessons from the FCC spectrum auctions. Journal of Regulatory Economics 17(3): 229–252

    Article  Google Scholar 

  10. Crawford, G. (1998). Demand, pricing, and bundling: An economic analysis of the cable television industry. Ph.D. Dissertation, Stanford University.

  11. Crawford, G. (2006). Cable television regulation in the satellite era. Working Paper, University of Arizona.

  12. Crawford, G. (2007). Television station ownership structure and the quantity and quality of television programming. Discussion paper, Federal Communications Commission. Available at http://www.fcc.gov/mb/mbpapers.html..

  13. Crawford G. (2008a). Cable television prices. Working Paper, Federal Communications Commission.

  14. Crawford G. (2008b) The discriminatory incentives to bundle in the cable television industry. Quantitative Marketing and Economics 6(1): 41–78

    Article  Google Scholar 

  15. Crawford, G., & Yurukoglu, A. (2008). The welfare effects of bundling in multi-channel television markets. Mimeo: University of Arizona.

  16. FCC. (2000). 1999 Report on cable industry prices. Discussion paper, Federal Communications Commission. Available at http://www.fcc.gov/mb/csrptpg.html..

  17. FCC. (2001). 2000 Report on cable industry prices. Discussion paper, Federal Communications Commission. Available at http://www.fcc.gov/mb/csrptpg.html..

  18. FCC. (2003). Report and order and notice of proposed rulemaking. Discussion paper, Federal Communications Commission, MB Docket 02-277.

  19. FCC. (2004a). 2003 Report on cable industry prices. Discussion paper, Federal Communications Commission. Available at http://www.fcc.gov/mb/csrptpg.html..

  20. FCC. (2004b). Report on the packaging and sale of video programming to the public. Discussion paper, Federal Communications Commission, 18 November 2004. Available at http://www.fcc.gov/mb/csrptpg.html..

  21. FCC. (2005a). 2004 Report on cable industry prices. Discussion paper, Federal Communications Commission. Available at http://www.fcc.gov/mb/csrptpg.html..

  22. FCC. (2005b). Eleventh Annual Report on the Status of Competition in the Market for the Delivery of Video Programming (2004 Report). Discussion paper, Federal Communications Commission. Available at http://www.fcc.gov/mb/csrptpg.html..

  23. FCC. (2006a). 2005 Report on cable industry prices. Discussion paper, Federal Communications Commission. Available at http://www.fcc.gov/mb/csrptpg.html..

  24. FCC. (2006b). Further report on the packaging and sale of video programming to the public. Discussion paper, Federal Communications Commission, February, 2006. Available at http://www.fcc.gov/mb/csrptpg.html..

  25. FCC. (2007a). 2006 report on cable industry prices. Discussion paper, Federal Communications Commission. Draft internal FCC report.

  26. FCC. (2007b). Notice of proposed rulemaking. Discussion paper, Federal Communications Commission, FCC 07-18.

  27. FCC. (2007c). Report and order and notice of proposed rulemaking. Discussion paper, Federal Communications Commission, FCC 06-180.

  28. FCC. (2007d). Report and order and notice of proposed rulemaking. Discussion paper, Federal Communications Commission, FCC 07-169.

  29. FCC. (2008a). Commission orders comcast to and discriminatory network management practices. Discussion paper, Federal Communications Commission, Press Release, August 1, 2008.

  30. FCC. (2008b). Report and order and notice of proposed rulemaking. Discussion paper, Federal Communications Commission, FCC 07-208.

  31. Froeb L., Pautler P., Roeller H. (2008) The economics of organizing economists. Vanderbilt University, Mimeo

    Google Scholar 

  32. Hansell, S. (2007). Verizon wireless says ’Bring Your Own Device’. New York Times, November 27, 2007.

  33. Kagan World Media. (2008). Economics of basic cable television networks. Discussion paper, Kagan World Media.

  34. Kwerel E., Rosston G. (2000) An insiders’ view of FCC spectrum auctions. Journal of Regulatory Economics 17(3): 253–289

    Article  Google Scholar 

  35. Marshall R., Marx L. (2007) Bidder collusion. Journal of Economic Theory 133(1): 374–402

    Article  Google Scholar 

  36. Marx L. (2006) Economics at the Federal Communications Commission. Review of Industrial Organization 29: 349–368

    Article  Google Scholar 

  37. Marx, L. (2008). Comment to the FCC on contingent re-auctions. Discussion paper, Duke University.

  38. McAfee R., McMillan J. (1996) Analyzing the airwaves auctions. Journal of Economic Perspectives 10(1): 159–175

    Google Scholar 

  39. Milyo, J. (2007). The effects of cross-ownership on the local content and political slant of local television news. Discussion paper, Federal Communications Commission. Available at http://www.fcc.gov/mb/mbpapers.html..

  40. NCTA. (2008). Talking points on cable pricing. Discussion paper, National Cable Television Association, Available at http://www.ncta.com/PublicationType/TalkingPoint/CablePricing.aspx. Accessed 4 March 2008.

  41. Nielsen Media Research. (2004). National television activity report. Discussion paper, Nielsen Media Research.

  42. Pakes A., Berry S., Levinsohn J. (1993) American Economic Review 83(2): 240–246

    Google Scholar 

  43. Petrin A. (2003) Quantifying the benefits of new products: The case of the Minivan. Journal of Political Economy 110(4): 705–729

    Article  Google Scholar 

  44. Shiman, D. (2007). The impact of ownership structure on television stations’ news and public affairs programming. Discussion paper, Federal Communications Commission, Media Ownership Study #4, Section 1. Available at http://www.fcc.gov/mb/mbpapers.html..

  45. Shultze C. (2003) The consumer price index: Conceptual issues and practical suggestions. Journal of Economic Perspectives 17(1): 3–22

    Article  Google Scholar 

  46. U.S. Department of Justice. (2006). Ex parte commenets. Discussion paper, U.S. Department of Justice.

  47. Wildman, S. (2003). Assessing quality-adjusted changes in the real price of basic cable service. Discussion paper, Michigan State University.

  48. Yurukoglu A. (2008) Bundling and vertical relationships in multichannel television. Mimeo, NYU Stern

    Google Scholar 

Download references

Author information

Affiliations

Authors

Corresponding author

Correspondence to Gregory S. Crawford.

Additional information

This article was drafted while the first author was Chief Economist at the Federal Communications Commission. The opinions expressed here are solely those of the authors and do not necessarily reflect those of the Federal Communications Commission, its Commissioners, or its staff. We would like to thank Larry White and Tracy Waldon for helpful comments.

Rights and permissions

Reprints and Permissions

About this article

Cite this article

Crawford, G.S., Kwerel, E. & Levy, J. Economics at the FCC: 2007–2008. Rev Ind Organ 33, 187–210 (2008). https://doi.org/10.1007/s11151-008-9196-6

Download citation

Keywords

  • Federal communication commission (FCC)
  • Spectrum auctions
  • Media ownership
  • Quality-adjusted cable television prices