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David Waterman

David Waterman

Professor,
Dept. of Telecommunications.

Radio-TV Center, Room 310
(812) 855-6170

waterman 'at' indiana.edu

My research and teaching interests center on the economics of media and other communications industries, and more generally, on the economics of information. Most of my courses and research work have a policy or a business strategy focus. Among my recent topics are ownership and market structure in the cable television industry, the economics of the movie industry and the economics of violence in the media.

Teaching

  • T421: Economics of Communication Industries
  • T422: Business Applications in Telecommunications
  • T453/S453 Seminar in Industry and Management
  • T532: Economics of the Mass Media.
  • T535: Economics of Information.
  • T560: Business Strategies of Communications Firms
  • Guide for Graduate Students: Arranging Committee Meetings

Bio

David Waterman is Professor in the Department of Telecommunications at Indiana University, Bloomington. His research and teaching interests center on the economics of media, and more generally, on the economics of information. He is co-author of Vertical Integration in Cable Television (1997; MIT Press) with Andrew A. Weiss, and author of Hollywood’s Road to Riches (2005, Harvard University Press). His articles on market structure and public policy toward the media, the economics of motion picture production and distribution, international trade in motion pictures and video products, and other topics have appeared in Information Economics and Policy, Journal of Communication, Journal of Econometrics, Telecommunications Policy, Federal Communications Law Journal, and other academic journals and edited books.

Professor Waterman has presented his research in testimony before the U.S. Congress, and has served on expert panels or as a consultant for the Federal Communications Commission, the Federal Trade Commission, the U.S. Department of Justice, the General Accounting Office of the United States, and the Competition Bureau, Industry Canada.

Currently, Professor Waterman is Coordinating Editor (Editor-in-Chief) of the journal, Information Economics and Policy.

David Waterman completed his B.A. in Economics at the University of Southern California and received a Ph.D. in Economics in 1979 from Stanford University. Before joining IU in 1993, he was a faculty member of the Annenberg School for Communication at USC. At USC, Professor Waterman taught in the Annenberg School's Communications Management Masters program and in the Department of Economics.

David Waterman lives in Bloomington with his wife Sharon and their three children, Chloe, Jason, and Matthew.

August, 2009

Research

Books
  • Waterman, D. (2005), Hollywood’s Road to Riches, Harvard University Press
  • MacKie-Mason, Jeffrey K. and David Waterman (eds.) (1998), Telephony, The Internet, and The Media: Selected Papers from the 25th Annual Telecommunications Policy Research Conference, Lawrence Erlbaum Associates.
  • Waterman, David and Andrew A. Weiss (1997), Vertical Integration in Cable Television, MIT Press.
  • Rosston, Gregory and David Waterman (eds.) (1997), Interconnection and the Internet: Selected Papers from the 24th Annual Telecommunications Policy Research Conference, Lawrence Erlbaum Associates.

Selected Recent Presentations

Selected Articles, Chapters, and Working Papers

  • Waterman, D. and S. Han (2009), Broadcasters vs. MVPDs: Economic effects of digital transition on television program supply, Paper prepared for presentation to the TPRC, Washington, D.C., Sept.25-27, 2009. [pdf]
  • Waterman, D., with S. Han, and S. W. Ji (2009), “Old Media vs. the Internet in the United States”, in From Asia and Beyond, Proceedings of the 7th Annual Media Forum and the 2nd Asia City Forum, August, 2009, pp. 23-41. [pdf].
  • Waterman, D., A. Weiss, and S-C Lee (2009), “Time Consistency and Seller Commitment in Inter-temporal Movie Distribution: An Empirical Study of the Video Window,” Working paper, Dept. of Telecommunications, Indiana University, [2009 pdf]; [2008 expanded version--pdf].
  • Jayakar, K., and D. Waterman (2008), “Hollywood and the Italian Film Industry,” in Janet Wasko and Paul MacDonald (eds.) The Contemporary American Film Industry, (Lawrence Erlbaum Associates).
  • Wang, X., and D. Waterman (2007), “The Economics of Foreign Language Media in the U.S: An Empirical Study of Radio Markets,” Working paper, Dept. of Telecommunications (revised) [pdf]
  • Waterman, D., S. W. Ji, and L. R. Rochet (2007), “Enforcement and Control of Piracy, Copying, and Sharing in the Movie Industry,” Review of Industrial Organization (Special Issue on the movie industry), Vol. 30, No. 4. [pdf-accepted version]
  • Waterman, D. (2007) “The Effects of Technological Change on the Quality and Variety of Information Products,” Economics of Innovation and New Technology, Vol. 16, No. 8 [pdf-accepted version]
  • Chen, D., and D. Waterman (2007), “Vertical Ownership, Program Network Carriage and Tier Positioning in Cable Television: An Empirical Study,” Review of Industrial Organization, Vol. 30, No. 3. [pdf-accepted version]
  • Lee, S-W, and D. Waterman (2007), “Theatrical Feature Film Trade in the United States, Europe, and Japan since the 1950s: An Empirical Study of the Home Market Effect,” Journal of Media Economics. Vol. 20, No. 3 [pdf-accepted version]
  • Waterman, D. (2006), "How Does Technological Advance Affect the Quality and Variety of Information Pro.ducts?," Working paper, Dept. of Telecommunications, Indiana University, January 29. [pdf]
  • Lu, W., D. Waterman, and M.Z. Yan (2005), “Changing Markets, New Technology, and Violent Content: An Economic Study of Motion Picture Genre Trends,” Paper prepared for presentation at the 33rd TPRC Conference on Information, Communications and Internet Policy, Washington, D.C., Sept. 23-25, 2005. [pdf]
  • Waterman, D (2005), “Economics of Media Programming,” Ch. 18 in A. Albarran, S. Chan-Olmsted, and M. Wirth, Handbook of Media Management & Economics, Lawrence Erlbaum Associates. [pdf- –preliminary version]
  • Waterman, D. (2005), "The Political Economy of Audio-visual Copyright Enforcement," Working paper, Dept. of Telecommunications, Indiana University. [pdf]
  • Waterman, D. (2003), "Economic Explanations of American Media Trade Dominance: Contest or Contribution?," Journal of Media Economics & Culture, Vol. 1, No. 1.
  • Waterman, D. (2003), “Business Models and Program Content,” Ch. 5 in E. Noam, J. Groebel, and D. Gerbarg, (eds), Internet Television (Lawrence Erlbaum Associates).
  • Waterman, D., and S-W Lee (2002), “Theatrical Feature Film Trade and Media Policies in the United States, Europe, and Japan since the 1950s,” Paper presented at the International Communications Association Annual Conference, Seoul, Korea, June
  • Waterman, D. (2001), "The Economics of Internet Television," Info: The Journal of Policy Regulation, and Strategy for telecommunications, Information, and the Media, Vol. 3, No. 3, pp. 215-229 [pdf]
  • Waterman, D. and K. Jayakar, (2000), "The Competitive Balance of the Italian and American Film Industries," European Journal of Communication, Vol.15, No. 4. pp. 501-528.
  • Waterman, D. (2000), "CBS-Viacom and the Effects of Media Mergers: An Economic Perspective," Federal Communications Law Journal, Vol. 52, No. 3, p. 531-550.
  • Jayakar, K. and D. Waterman (2000), "The Economics of American Movie Exports: An Empirical Analysis," Journal of Media Economics, Vol. 13, No. 3, pp.153-169.
  • Waterman, D. and K. Jayakar (1999), "Da che parte pende la bilancia della competizione fra l'industria cinematographica italiana e quella statunitense,?" L'Industria, Vol. No.3, August-September.
  • Waterman, D. and Z. Yan (1999), "Cable Advertising and the Future of Basic Cable Networking," Journal of Broadcasting and Electronic Media, Vol. 43, No. 4, Fall, pp. 645-658.
  • Waterman, D. (1998), "Digital Television and Program Pricing," Prometheus, Vol. 16, No. 2, pp.165-195; also in D. Garberg (ed)(1999), The Economics, Technology and Content of Digital TV, Kluwer, 1998 (Chapter 11).
  • M. Dupagne and D. Waterman (1998), "Determinants of U.S. Television Fiction Imports in Western Europe," Journal of Broadcasting and Electronic Media,, Vol. 42, No 2 pp.208-220, Spring.
  • Waterman, D. (1996), "Local Monopsony and Free Riding,"
    Information Economics & Policy, Vol. 8, No. 4, pp. 337-355. [pdf]
  • Waterman, D. and A. Weiss (1996), "The Effects of Vertical Integration between Cable Television Systems and Pay Cable Networks," Journal of Econometrics, Vol. 72, pp. 357-395.

 

For other works, including those prior to 1996, see my vita.