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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...
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We investigate how competition in product niches affects the ultimate timing of product release for experience goods using data on motion pictures in the United States. We identify product niches that movies occupy along three different product dimensions: common actor, common director, and...
Persistent link: https://www.econbiz.de/10011716018
We investigate how competition in product niches affects the ultimate timing of product release for experience goods using data on motion pictures in the United States. We identify product niches that movies occupy along three different product dimensions: common actor, common director, and...
Persistent link: https://www.econbiz.de/10011876630
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There are several striking peculiarities of the arts labor market that have attracted the attentions of researchers in … the last several decades: first is constant long run excess supply of arts labor; second, artists are more likely to be … paper we developed two dynamic models of an artist’s behavior and arts labor supply. In the first model proposed here an …
Persistent link: https://www.econbiz.de/10010201663
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...
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