Should press de liable or not english
Категория реферата: Топики по английскому языку
Теги реферата: вопросы и ответы, мировая экономика
Добавил(а) на сайт: Холодов.
Предыдущая страница реферата | 1 2 3 4 5 6 7 8 9 10 11 | Следующая страница реферата
they HAVE TO supply "too little" info. Otherwise - the market FAILS!
Here is another reason. Some analysts consider that the market also
fails because of low demand. Even if suppliers could "earn all their
money", they wouldn't provide the socially optimal amount of info!
Private demand for political info will never be the same as social
demand. And it will never reflect its full social value.
If it were true, that political information was regularly
underproduced by the market, there would be cause for serious
concern that might well justify generous sibsidies - in the form of
freedom from liability for the harms they cuase - for information
providers. But a proper look at modern market shows that producers
of political information have developed a wide range of strategies
for increasing the benefits of their efforts to solve the public
good problem.
The most obvious example of a spontaneously generated market
solution to the public good problem is ADVERTISING. By providing
revenue in proportion to the relative size of the audience (for
radio & TV) or the readership (for magazines & newspapers),
advertisers play a SIGNIFICANT role in the internalizing process. In
effect, the sale of advertising at a price that varies according to
the number of recipients permits information producers to
appropriate the benefits of providing a product that many people
value but few would pay for directly. Advertising has an effect of
transforming information from a public into a private good. It makes
possible for information providers to make profits by satisfying the
Рекомендуем скачать другие рефераты по теме: новшество, контрольные 2 класс, реферат по обществознанию.
Предыдущая страница реферата | 1 2 3 4 5 6 7 8 9 10 11 | Следующая страница реферата