Is America’s National Pastime too time consuming?

World Series telecasts are now an inferior good. Income and the time cost of consumption interact so that a ten percent income increase reduces viewership by 1.8 million households. Increased availability of substitutes reduces ratings but increased drama improves them.

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Year of publication:	2012
Authors:	Burger, John D. ; Walters, Stephen J.K.
Published in:	Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 115.2012, 2, p. 204-206
Publisher:	Elsevier
Subject:	Time value \| Television \| Baseball

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Type of publication:	Article
Classification:	D12 - Consumer Economics: Empirical Analysis ; L82 - Entertainment; Media (Performing Arts, Visual Arts, Broadcasting, Publishing, etc.) ; L83 - Sports; Gambling; Recreation; Tourism
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010576433