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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/10005150887
This paper analyzes the impact of vertical integration on investment and other strategies in a dynamic common agency framework. Movie distribution is used as a motivating example. The model matches several facts about movie distribution; distributors avoid head-to-head new hit releases, hits...
Persistent link: https://www.econbiz.de/10005795940
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/10005150881
examples from the Entertainment industries throughout. …
Persistent link: https://www.econbiz.de/10005169646
(VF)Cet article cherche à comprendre les mécanismes par lesquels une nouvelle technologie est adoptée ou rejetée, par un secteur d'activité. Le terrain étudié est celui de l'industrie de la vidéo à domicile qui a connu d'importants bouleversements liés à l'introduction des...
Persistent link: https://www.econbiz.de/10005770064
In platform-component systems with indirect network effects, some components are so popular with consumers that they have strong bargaining positions and can be regarded as “must-have” from the point of view of the platform. For example, ESPN is a must-have component of cable TV platforms....
Persistent link: https://www.econbiz.de/10005518217
This article analyzes investment and other strategies in a stationary dynamic common agency model of movie distribution. Contract choices interact with other strategic choices. The model explains several facts; movie distributors avoid head-to-head new hit releases, hits have longer runs than...
Persistent link: https://www.econbiz.de/10005449928
The current paper sets out the main determinants to emerge between culture, perceived as an art form, and regional economic development, in a two-fold sense: on the one hand, the impact of cultural activities on the economic development of an area in the short and long term, and on the other, no...
Persistent link: https://www.econbiz.de/10010841061
In this paper, we examine the issue of how certain actors tend to maintain institutionalized elements, in spite of significant technological and social change. In particular, we focus on the notion of artifacts, which represent one type of institutional carriers, but mostly overlooked in the...
Persistent link: https://www.econbiz.de/10010708094
the cultural industries are paid differently compared with their respective main industries. Workers in entertainment and … publishing and printing are less endowed with standard labour market characteristics. However, whereas workers in entertainment …
Persistent link: https://www.econbiz.de/10005703804