Showing 1 - 10 of 13,242
This paper provides theoretical explanations for devices that movie distributors use to avoid head-to-head competition. We use a simple static model to show how revenuse sharing exhibition contracts providex multiplex owners with incentives to take cross effects on demand into account. Then we...
Persistent link: https://www.econbiz.de/10011561654
The current literature on sharing contracts emphasizes the importance of asymmetric information and typically assumes that one party is risk neutral while the other is risk averse. This paper describes a real-world contract that is widely used - the movie exhibition contract - and argues that...
Persistent link: https://www.econbiz.de/10011565681
This paper empirically examines factors influencing box office success of international movies in Russia between 2012 and 2016. It adds to existing research on national movie markets, by highlighting the relevance of differences in culture, institutions, language, and consumption habits for...
Persistent link: https://www.econbiz.de/10012107671
This paper empirically examines various factors influencing box office success of international movies in Russia between 2012 and 2016. Three groups of success factors are distinguished: distribution related (e.g. budget, franchise), brand and star effects (e.g. top actors or directors), and...
Persistent link: https://www.econbiz.de/10011852931
In this Article, we explore a central problem facing creative industries: how to organize collaborative creative production? We identify informal rules as a significant and pervasive — but nonetheless overlooked — tool for solving that problem. While existing literature has focused on the...
Persistent link: https://www.econbiz.de/10012969390
It is well-known that a seller imposed non-discrimination clause can soften downstream price competition by constraining opportunistic pricing behavior on the part of an upstream monopolist seller. But what about about market settings in which there exists a pivotal buyer? We show that in the...
Persistent link: https://www.econbiz.de/10014075799
Rivals in the music industry learn and respond to one another through strategies related to technological advances, organizational design, and the evolution of methods for production, procurement, and distribution. At this time, the apparent winner in the evolution of the market has been the...
Persistent link: https://www.econbiz.de/10013309549
This paper provides new evidence on the contractual governance of technology licensing agreements. Based upon an … international sample of licensing contracts, we explore how the contractual design deals with specific contractual hazards. In … considerations on licensing design. Empirical results highlight that contractual clauses of governance are crafted independently of …
Persistent link: https://www.econbiz.de/10012707973
. Our empirical study employs hazard rate models with time-varying covariates, using data from technology licensing … contract termination increase rather than decrease. Apparently, the value of the licensing contracts analyzed in this study …
Persistent link: https://www.econbiz.de/10014048416
We review the Chicago school's single monopoly profit theory whereby an upstream monopolist cannot increase its profits through vertical integration as it has sufficient market power anyways. In our model the dominant supplier has full bargaining power and uses observable two-part tariffs. We...
Persistent link: https://www.econbiz.de/10012704705