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Evidence from a sample of countries show that people roughly spend as much time watching television as earning their … living. Moreover, television viewing and work hours are positively correlated across countries. A simple model based on … this model the equilibria can be inversely Pareto-ranked by their amount of television viewing. Arguments are offered to …
Persistent link: https://www.econbiz.de/10010272730
Watching TV is a major human activity. Because of its immediate benefits at negligible immediatemarginal costs it is for many people tempting to view TV rather than to pursue more engaging activities.As a consequence, individuals with incomplete control over, and foresight into, their...
Persistent link: https://www.econbiz.de/10005868506