Showing 1 - 10 of 614
media violence affects violent crime in the field. We exploit variation in the violence of blockbuster movies from 1995 to … for violent movies. The effect is partly due to voluntary incapacitation: between 6PM and 12AM, a one million increase in … the audience for violent movies reduces violent crime by 1.1 to 1.3 percent. After exposure to the movie, between 12AM and …
Persistent link: https://www.econbiz.de/10012464928
Theoretical investigations have examined both anti-competitive and efficiency-inducing rationales for vertical bundling, making empirical evidence important to understanding its welfare implications. We use an extensive dataset on full-line forcing contracts between movie distributors and video...
Persistent link: https://www.econbiz.de/10012462339
We present an empirical analysis of product differentiation using a new dynamic panel data set on film programming choice in a major U.S. metropolitan motion-pictures exhibition market. Using these data, we compute two measures of film programming choice which allow us to investigate the...
Persistent link: https://www.econbiz.de/10012466015
We conduct a large-scale field experiment to study competitive price discrimination in a duopoly market with two rival movie theaters. The firms use mobile targeting to offer different prices based on location and past consumer activity. A novel feature of our experiment is that we test a range...
Persistent link: https://www.econbiz.de/10012456607
Using box-office data for all movies released between 1982 and 2000, I test the implications of a simple model of … pieces of evidence are consistent with social learning. First, sales of movies with positive surprise and negative surprise … sales. Second, this divergence is small for movies for which consumers have strong priors and large for movies for which …
Persistent link: https://www.econbiz.de/10012464814
Why are certain movies more successful in some markets than others? Are the entertainment products we consume … with data on international movie screenings and revenues. First, we quantify the similarity between movies' plots and …
Persistent link: https://www.econbiz.de/10014512074
What model features and calibration strategies yield a large average marginal propensity to consume (MPC) in heterogeneous agent models? Through a systematic investigation of models with different preferences, dimensions of ex-ante heterogeneity, income processes and asset structure, we show...
Persistent link: https://www.econbiz.de/10013210041
This paper characterizes empirically how government budget variables, such as spending, taxes, and deficits, affected private-sector consumption in the high-budget-deficit economy of Israel during the first half of the 1980s. The paper develops and estimates an intertemporal optimizing model of...
Persistent link: https://www.econbiz.de/10012477038
One of the important determinants of the response of saving and consumption to the real interest rate is the elasticity of intertemporal substitution. That elasticity can be measured by the response of the rate of change of consumption to changes in the expected real interest rate. A detailed...
Persistent link: https://www.econbiz.de/10012477386
Over the last 15 years, the typical household has increasingly concentrated its spending on a few preferred products. However, this is not driven by "superstar" products capturing larger market shares. Instead, households increasingly purchase different products from each other. As a result,...
Persistent link: https://www.econbiz.de/10012480080