COMM 122 Lecture Notes - Lecture 13: Common-Pool Resource, Rulemaking, Market Failure
29 Oct 2018
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Document Summary
Industries, firms, support mechanisms, labor practices, factors that shape pricing and access to information products; consumers actions etc: role of government in the development of media infrastructure, support private initiative supply publicity, media infrastructure. Generate revenues for public investment through taxes. Promote social equity, inclusion and general well being. National defense: to protect public interest, to avoid market failure, when allocation of goods or services through the market is not efficient. Doesn"t meet the needs of everyone: media industries/institutions have the characteristics of public goods and common pool resources, examples: Allocate frequencies and designate times: government keeps control, not ownership of the spectrum, guiding standard. Public interest, convenience, or necessity : free speech, no censorship, equal time provisions for political candidates, what is the public interest, convenience, and necessity , regulatory standards by which those entrusted with broadcast licenses in the.
