@article{ART001252733},
author={김재홍 and 신힘철 and 김지훈},
title={The Welfare Analysis of Premium Offers in Korean Newspaper Market},
journal={Journal of Regulation Studies},
issn={1738-7132},
year={2008},
volume={17},
number={1},
pages={3-40}
TY - JOUR
AU - 김재홍
AU - 신힘철
AU - 김지훈
TI - The Welfare Analysis of Premium Offers in Korean Newspaper Market
JO - Journal of Regulation Studies
PY - 2008
VL - 17
IS - 1
PB - 한국규제학회
SP - 3
EP - 40
SN - 1738-7132
AB - The main purpose of this paper is to analyse the welfare effect of regulating premium offers in Korean newspaper industry. First we propose that, since the purpose of the regulation is to prevent the concentration of public opinion, the appropriate market definition is better to expanded to the whole speech market, including TV, internet, etc. We then show that there doesn't exist any market power not only in the whole speech market but in the narrowly-defined newspaper market. Finally, we prove, using a theoretic model, that offering premiums is not an anti-competitive behavior but a standard price discrimination which is known as a welfare-neutral market strategy.
KW - newspaper market;free newspaper;offering premiums;market power;anti-competitiveness
DO -
UR -
ER -
김재홍, 신힘철 and 김지훈. (2008). The Welfare Analysis of Premium Offers in Korean Newspaper Market. Journal of Regulation Studies, 17(1), 3-40.
김재홍, 신힘철 and 김지훈. 2008, "The Welfare Analysis of Premium Offers in Korean Newspaper Market", Journal of Regulation Studies, vol.17, no.1 pp.3-40.
김재홍, 신힘철, 김지훈 "The Welfare Analysis of Premium Offers in Korean Newspaper Market" Journal of Regulation Studies 17.1 pp.3-40 (2008) : 3.
김재홍, 신힘철, 김지훈. The Welfare Analysis of Premium Offers in Korean Newspaper Market. 2008; 17(1), 3-40.
김재홍, 신힘철 and 김지훈. "The Welfare Analysis of Premium Offers in Korean Newspaper Market" Journal of Regulation Studies 17, no.1 (2008) : 3-40.
김재홍; 신힘철; 김지훈. The Welfare Analysis of Premium Offers in Korean Newspaper Market. Journal of Regulation Studies, 17(1), 3-40.
김재홍; 신힘철; 김지훈. The Welfare Analysis of Premium Offers in Korean Newspaper Market. Journal of Regulation Studies. 2008; 17(1) 3-40.
김재홍, 신힘철, 김지훈. The Welfare Analysis of Premium Offers in Korean Newspaper Market. 2008; 17(1), 3-40.
김재홍, 신힘철 and 김지훈. "The Welfare Analysis of Premium Offers in Korean Newspaper Market" Journal of Regulation Studies 17, no.1 (2008) : 3-40.