First-Party Content Production in a Competitive Media Market
Streaming platforms are pouring money into original content, but whether it pays off depends on two things: how much their content already overlaps with competitors and how flexible their pricing is. When prices are fixed (e.g., standard subscription tiers), platforms are more likely to invest in originals—especially if competitors offer similar libraries—because originals help differentiate. But when platforms can easily adjust prices, heavy content overlap actually reduces the incentive to invest in originals, since pricing can be used instead to compete.
The Public Pension Crisis: Contractual Rights and Constitutional Limits
A timely response to the pressing issue of public pension reform, The Public Pension Crisis explores the complex relationship between contract law and government pensions, specifically focusing on the Contract Clause and related state Pension Clauses. Analyzing over a decade of litigation, the book highlights the evolving role of pension contracts in constitutional law and examines more than 70 landmark cases to establish a clear, principled framework for determining when pension benefits qualify as contractual obligations. T.