Footnote:
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments April 2003 erstellt
Description:
In this article, a condition for the optimal division's number is presented, for a market with two cable operators who offer a network service. First, a reason is presented to justify a partial covering of the national market from the cable operators. Second, a problem of moral hazard is revealed, which is able to appear through the implementation of franchising schemes with independent divisions