Access

You are not currently logged in.

Access your personal account or get JSTOR access through your library or other institution:

login

Log in to your personal account or through your institution.

If You Use a Screen Reader

This content is available through Read Online (Free) program, which relies on page scans. Since scans are not currently available to screen readers, please contact JSTOR User Support for access. We'll provide a PDF copy for your screen reader.

Cable Franchise Renewals: Do Incumbent Firms Behave Opportunistically?

Mark A. Zupan
The RAND Journal of Economics
Vol. 20, No. 4 (Winter, 1989), pp. 473-482
Published by: Wiley on behalf of RAND Corporation
Stable URL: http://www.jstor.org/stable/2555728
Page Count: 10
  • Read Online (Free)
  • Download ($24.00)
  • Subscribe ($19.50)
  • Cite this Item
Since scans are not currently available to screen readers, please contact JSTOR User Support for access. We'll provide a PDF copy for your screen reader.
Cable Franchise Renewals: Do Incumbent Firms Behave Opportunistically?
Preview not available

Abstract

Systematic empirical evidence has heretofore been lacking on the extent to which supplier opportunism at the time of contract renewal is a fundamental problem associated with franchise bidding schemes. At least for the case of local cable television distribution, this article suggests several theoretical reasons why bad behavior by an incumbent supplier may be the exception rather than the rule and a simple test for supplier opportunism at the time of franchise renewal. The simple test is employed to empirically analyze the terms of trade in a cross-sectional sample of recent cable franchise renewal contracts.

Page Thumbnails

  • Thumbnail: Page 
473
    473
  • Thumbnail: Page 
474
    474
  • Thumbnail: Page 
475
    475
  • Thumbnail: Page 
476
    476
  • Thumbnail: Page 
477
    477
  • Thumbnail: Page 
478
    478
  • Thumbnail: Page 
479
    479
  • Thumbnail: Page 
480
    480
  • Thumbnail: Page 
481
    481
  • Thumbnail: Page 
482
    482