A Market Failure Perspective on Value Creation in PSM

Christian Edelvold Berg, Gregory Ferrell Lowe, Anker Brink Lund

    Research output: Chapter in Book/Report/Conference proceedingBook chapterResearchpeer-review

    Abstract

    Public service media is present in most countries because public intervention of this kind compensates market-failure by providing merit goods that are not provided by commercial players to the public writ large. Nonetheless, PSM is often regarded as a negative for private media providers in electronic media. This chapter outlines the market failure thesis to consider the ways and degrees to which it is still valid for broadcasting (PSB), and important whether there are grounds for its application in broadband (PSM).
    Public service media is present in most countries because public intervention of this kind compensates market-failure by providing merit goods that are not provided by commercial players to the public writ large. Nonetheless, PSM is often regarded as a negative for private media providers in electronic media. This chapter outlines the market failure thesis to consider the ways and degrees to which it is still valid for broadcasting (PSB), and important whether there are grounds for its application in broadband (PSM).
    LanguageEnglish
    Title of host publicationThe Value of Public Service Media : RIPE@2013
    EditorsGregory Ferrell Lowe, Fiona Martin
    Place of PublicationGöteborg
    PublisherNordicom
    Date2014
    Pages105-126
    Chapter6
    ISBN (Print)9789186523848
    StatePublished - 2014
    SeriesRIPE Readers on PSM
    Volume6

    Cite this

    Berg, C. E., Lowe, G. F., & Lund, A. B. (2014). A Market Failure Perspective on Value Creation in PSM. In G. F. Lowe, & F. Martin (Eds.), The Value of Public Service Media: RIPE@2013 (pp. 105-126). Göteborg: Nordicom. RIPE Readers on PSM, Vol.. 6
    Berg, Christian Edelvold ; Lowe, Gregory Ferrell ; Lund, Anker Brink. / A Market Failure Perspective on Value Creation in PSM. The Value of Public Service Media: RIPE@2013. editor / Gregory Ferrell Lowe ; Fiona Martin. Göteborg : Nordicom, 2014. pp. 105-126 (RIPE Readers on PSM, ???volume??? 6).
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    abstract = "Public service media is present in most countries because public intervention of this kind compensates market-failure by providing merit goods that are not provided by commercial players to the public writ large. Nonetheless, PSM is often regarded as a negative for private media providers in electronic media. This chapter outlines the market failure thesis to consider the ways and degrees to which it is still valid for broadcasting (PSB), and important whether there are grounds for its application in broadband (PSM).",
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    Berg, CE, Lowe, GF & Lund, AB 2014, A Market Failure Perspective on Value Creation in PSM. in GF Lowe & F Martin (eds), The Value of Public Service Media: RIPE@2013. Nordicom, Göteborg, RIPE Readers on PSM, vol. 6, pp. 105-126.

    A Market Failure Perspective on Value Creation in PSM. / Berg, Christian Edelvold; Lowe, Gregory Ferrell; Lund, Anker Brink.

    The Value of Public Service Media: RIPE@2013. ed. / Gregory Ferrell Lowe; Fiona Martin. Göteborg : Nordicom, 2014. p. 105-126.

    Research output: Chapter in Book/Report/Conference proceedingBook chapterResearchpeer-review

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    AU - Berg,Christian Edelvold

    AU - Lowe,Gregory Ferrell

    AU - Lund,Anker Brink

    PY - 2014

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    N2 - Public service media is present in most countries because public intervention of this kind compensates market-failure by providing merit goods that are not provided by commercial players to the public writ large. Nonetheless, PSM is often regarded as a negative for private media providers in electronic media. This chapter outlines the market failure thesis to consider the ways and degrees to which it is still valid for broadcasting (PSB), and important whether there are grounds for its application in broadband (PSM).

    AB - Public service media is present in most countries because public intervention of this kind compensates market-failure by providing merit goods that are not provided by commercial players to the public writ large. Nonetheless, PSM is often regarded as a negative for private media providers in electronic media. This chapter outlines the market failure thesis to consider the ways and degrees to which it is still valid for broadcasting (PSB), and important whether there are grounds for its application in broadband (PSM).

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    SN - 9789186523848

    SP - 105

    EP - 126

    BT - The Value of Public Service Media

    PB - Nordicom

    CY - Göteborg

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    Berg CE, Lowe GF, Lund AB. A Market Failure Perspective on Value Creation in PSM. In Lowe GF, Martin F, editors, The Value of Public Service Media: RIPE@2013. Göteborg: Nordicom. 2014. p. 105-126. (RIPE Readers on PSM, Vol. 6).