<p>Throsby’s work on the performing arts applied the natural monopoly model to the analysis of subsidy. The model has long been used as the basis for regulating network based industries and now is part of economic analysis of digitisation in the creative industries. Platform economics demonstrates the complexity of interacting forces in digital online production and consumption, raising new problems for regulators and for cultural policy.</p>

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Natural monopoly, digitisation, platform economics and cultural policy

  • Ruth Towse

摘要

Throsby’s work on the performing arts applied the natural monopoly model to the analysis of subsidy. The model has long been used as the basis for regulating network based industries and now is part of economic analysis of digitisation in the creative industries. Platform economics demonstrates the complexity of interacting forces in digital online production and consumption, raising new problems for regulators and for cultural policy.