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Using a sample of individuals that consumed both the book and movie versions of some cultural experience goods, we investigated the precedence and the preference for a particular version. The likelihood of consuming a version increases as information about that version increases. The preference...
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This paper empirically analyzes the impact of several factors on a 'conventionality index' in the specific context of the cinema exhibition sector. To our knowledge, it is the first time that a standard conventionality index has been constructed for this purpose. Econometric analysis of the...
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