In this paper, we study to what extent a movie’s box-office receipts are affected by the temporal distribution of rival films. We propose a reduced-form empirical model to measure and test competition effects among films released close to each other in a standard regression framework. Such an...

Due to a lack of information about the prices faced by consumers, demand functions are sometimes estimated using average prices, namely total revenue divided by the number of consumers. Examples of this type of estimation can be found for cinema, sporting events and the performing arts since box...

This article identifies the characteristics of consumers of movies, watched on videotapes, in their homes. Models of the frequency of movie video buying and renting by individuals are estimated using data from the Spanish Cultural Consumption Habits Survey (Encuesta sobre Habitos de Consumo...

Considering two potential sources of income (public grants and ticket revenues),we have defined a theoretical model where the public agency is the principal and the manager of the museum is the agent. This model allows us to design the optimal contract between both sides and thus to establish...

Introduction Special Issue on The Economics of Cultural Industries

In this paper, we study to what extent a movie's box office receipts are affected by the temporal distribution of rival films. We propose a theoretical model that analyses the effects of past, present and future releases on a film's results. Using this model we can analyse how rivals' release...

In this paper we advocate using the latent class model (LCM) approach to control for technological differences in traditional efficiency analysis of regulated electricity networks. Our proposal relies on the fact that latent class models are designed to cluster firms by uncovering differences in...