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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 provides theoretical explanations for devices that movie distributors use to avoid head-to-head competition …
Persistent link: https://www.econbiz.de/10010334543
This paper provides theoretical explanations for devices that movie distributors use to avoid head-to-head competition …
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/10010263294
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
We investigate how competition in product niches affects the ultimate timing of product release for experience goods … sales based on the variation in the level of competition in these particular niches over time. We show that release date of … motion pictures are more likely rescheduled when there is more competition during the initially proposed release week. Next …
Persistent link: https://www.econbiz.de/10011716018
We investigate how competition in product niches affects the ultimate timing of product release for experience goods … sales based on the variation in the level of competition in these particular niches over time. We show that release date of … motion pictures are more likely rescheduled when there is more competition during the initially proposed release week. Next …
Persistent link: https://www.econbiz.de/10011876630
We review the Chicago school's single monopoly profit theory whereby an upstream monopolist cannot increase its profits …
Persistent link: https://www.econbiz.de/10012704705
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/10010334565
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