The Economics of the Network-Affilate Relationship: Comment
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The purpose of this note is to correct serveral erros in the ingenius graphical analysis of the economics of network-affiliate relationship in the television broadcasting industry.
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Professor Emeritus of Economics
Daniel A. Graham conducts research exploring the general subjects of game theory, the economics of information, and microeconomic theory. His microeconomic investigations focus specifically on uncertainty, including cost/benefit analysis, insurance, and incentives. His most recent research projects involve the general multi-object auction, pure trade with private information, and information and queues. For his work, he has received funding from various grants including those awarded by the N