Abstract

Part 1 The recent debate over cable rate regulation: the economic literature cable rate controls, welfare and rents. Part 2 Market power in multichannel video markets: q-ratios competitive pricing differentials competitive system sales price differentials is entry feasible? expert analysis market power summary. Part 3 Price controls and cable television: the cable television product evaluating the economic evidence on rate deregulation/reregulation California's rate deregulation, 1979 federal rate deregulation, 1984 federal reregulation, 1992 federal redegulation redux, 1996. Part 4 The economic effects of deregulation, 1987-1992: price changes cable output trends cable operator cash flows detiering quality changes after deregulation the GAO's own caveat. Part 5 The economic effects of reregulation, 1993-1994: cable rates under reregulation subscribership and penetration predicted output increases from rate reductions basic cable viewer ratings cable operator cash flow ratios short run, long run reinventing the cable television industry, 1993 the revival of pay television the going-forward rules cable satellite networks the financial impact of cable reregulation confusion, uncertainty and transactions costs. Part 6 Political coalitions and the 1992 Cable Act: lobbying for passage lobbying for re-regulation, February 1994 cross-subsidies under reregulation the political economy of rate regulation. Part 7 New competitive realities in video delivery.

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