Assume that Dismal Science Cinema enters during the 4th of July and possesses private information regarding together with rational expectations, adaptive expectations, and a follow-up to the previously-released blockbuster. The films that the aforementioned studio is about to release comprises...

Why have some movie directors made classic early films, but subsequently failed to match their initial successes, whereas other directors have begun much more modestly, but have made great movies late in their lives? This study demonstrates that the answer lies in the directors' motivations, and...

The structure of whole texts is, arguably, one of the first objects of (pre-) linguistic analysis. Even the earliest forms of Rhetoric explorations focused on it. But what is text structure in reality? How can it be explained from a cognitive standpoint? How does it exist as a human mental...

Film studios occasionally withhold movies from critics before their release. Since the unreviewed movies tend to be below average in quality, this practice provides a useful setting in which to test models of limited strategic thinking: Do moviegoers seem to realize that no review is a sign of...

This paper reviews economic development and the regulatory environment of audiovisual services in the Republic of Korea (hereafter, Korea). The paper specifically examines motion pictures and broadcasting, and discusses what drives or hinders the sector's trade potential, which depends on...

Conventional wisdom holds that illegal copies cannibalize legitimate sales, even though previous research has found mixed effects, with illegal copies acting as both a substitute and complement. Yet, a relatively unexamined aspect to date is the quality of illegal copies. Building on product...