Media Ownership Workshop - Policy Scholars’ Panel, 11/2/09
Joel Waldfogel, The Wharton School, University of Pennsylvania
Joel Waldfogel is the Ehrenkranz Family Professor in the Business and Public Policy Department at the Wharton School and a research associate of the National Bureau of Economic Research. His research interests span law and economics and industrial organization. Within industrial economics, he has conducted empirical studies of price advertising, media markets and minorities, and the operation of differentiated product markets. Within media issues in particular, he has studied the efficiency of free entry in radio markets; the relationship between public and private broadcasting; the effects of ownership consolidation on programming variety; how media markets serve minority consumers in radio, television, newspapers, and the Internet; the effect of national media on local media and political participation; and other topics. Some of this work is described his book, The Tyranny of the Market: Why You Can't Always Get What You Want (Harvard University Press, 2007). He has written on economics for Slate.com and recently published Scroogenomics: Why You Shouldn't Buy Presents for the Holidays (Princeton University Press, 2009). He received an A.B. in economics from Brandeis University in 1984 and a Ph.D. in economics at Stanford University in 1990.