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Entertainment and Media: Markets and Economics. Market Outcomes. Setting a Price ? How To?. CarAmazon.com ? Econometric AnalysisRestaurant ? A MealSoftware Vendor ? Online DistributionRoyalty Holder ? Price for an advertiser who uses your jingle or tuneMajor League Baseball ? How much for a li
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1. Entertainment and Media: Markets and Economics Professor William Greene
2. Entertainment and Media: Markets and Economics Market Outcomes
3. Setting a Price – How To? Car
Amazon.com – Econometric Analysis
Restaurant – A Meal
Software Vendor – Online Distribution
Royalty Holder – Price for an advertiser who uses your jingle or tune
Major League Baseball – How much for a license to use the statistics. (Players Union: How was the $50M price for the rights to their celebrity set?)
4. Agenda Market Outcomes – Market Power
Setting a Price
Monopoly
Monopsony
Economic Rent and Capitalization
Profits and Losses
The Reserve Clause
Equilibrium and Disequilibrium
5. Monopoly Equilibrium