Quarterly data of magazine circulation are used to analyse the consumption behaviour of the readers of German popular magazines in a panel framework using OLS, 2SLS and generalized method of moments techniques, in order to test the rational addiction hypothesis in respect with goods without any...

This paper analyses the quality provision of interrelated market firms under different market structures both theoretically and empirically. A theoretical model is built, where a media firm offers newspapers in a primary market and advertising space in the secondary market. Furthermore, the...

This paper applies the German Socio-Economic Panel to analyse the effect of within household in-come comparison on individual life satisfaction. Our estimates indicate, a primary breadwinner wifedecreases spousal individual happiness by roughly nine per cent. To state the economic...