Abstract

restrictions may not lead to increases in the price of advertising. However, by ignoring any effect on the price of advertising Clarke and Else have merely reproduced the results derived by Samuelson in Foundations of Economic Analysis [4, pp. 41-42]. In my original paper I examine the type of advertising restrictions which were imposed on children's programming in the United States in the early 1970s. With respect to these restrictions Alan Pearce reports:

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