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In this paper, we study to what extent a movie’s box-office receipts are affected by the temporal distribution of rival films. We propose a reduced-form empirical model to measure and test competition effects among films released close to each other in a standard regression framework. Such an...
Persistent link: https://www.econbiz.de/10010867751
Due to a lack of information about the prices faced by consumers, demand functions are sometimes estimated using average prices, namely total revenue divided by the number of consumers. Examples of this type of estimation can be found for cinema, sporting events and the performing arts since box...
Persistent link: https://www.econbiz.de/10010680615
This article identifies the characteristics of consumers of movies, watched on videotapes, in their homes. Models of the frequency of movie video buying and renting by individuals are estimated using data from the Spanish Cultural Consumption Habits Survey (Encuesta sobre Habitos de Consumo...
Persistent link: https://www.econbiz.de/10005511557
Considering two potential sources of income (public grants and ticket revenues),we have defined a theoretical model where the public agency is the principal and the manager of the museum is the agent. This model allows us to design the optimal contract between both sides and thus to establish...
Persistent link: https://www.econbiz.de/10005408405
This paper analyses whether self-reported valuation of goods is an adequate proxy for underlying tastes. In this case, different self-reported appraisals, which we can associate with different utility functions, would imply different demand curves. To estimate these kinds of relationships we...
Persistent link: https://www.econbiz.de/10005066493
Introduction Special Issue on The Economics of Cultural Industries
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