Audience Diversion Due to Cable Television: An Application of Nonlinear, Nondiagonally Weighted, Generalized Least Squares,
Abstract:
A model of television audience shares is estimated and applied to simulate the effect of cable TV carrying distant signals on local stations audience shares. The model is nonlinear, with a complex error covariance matrix transformations are used to obtain generalized least squares estimates using an ordinary nonlinear regression package. The conclusion TV broadcasting will continue to prosper, despite increasing competition from cable. Author
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