(2007) Information Economics and Policy — Vol. 19, n° 3-4, p. 405-413 (2007)
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Authors
Jaskold Gabszewicz, JeanUCLouvain
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Garella, Paolo
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Sonnac, Nathalie
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Abstract
We consider a model of daily newspapers' competition to test the validity of the so called "theory of the circulation spiral." According to it,the interaction between the newspapers and the advertising markets drives the newspaper with the smaller readership into a vicious circle, finally leading it to death. In a model with two newspapers, we show that, contrary to this conjecture, the dynamics envisaged by the proposers of the theory, does not always lead to the elimination of one of them.
University of MilanDipartimento di Scienze Economiche
National Institute of Statistics and Economic Studies Government of FranceResearch Center for Economics and Statistics
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Jaskold Gabszewicz, J., Garella, P., & Sonnac, N. (2007). Newspapers’ market shares and the theory of the circulation spiral. Information Economics and Policy, 19(3-4), 405-413. https://hdl.handle.net/2078.5/249970 (Original work published 2007)