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Conventionally, the seasonal pattern in a time series is taken as exogenous. However, two recent studies from the US have suggested, the seasonal component in box office revenue may in part be endogenously determined. Films that are expected to do well tend to be released at times of peak...
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Models of cinema demand have tended to employ aggregate data and focus on price and income as key variables. Surprisingly, the effects of travel time and location have not been formally investigated. The authors do so, following developments in the environmental economics literature, by...
Persistent link: https://www.econbiz.de/10005163622
Cellular Automata (CA) can be used to illustrate how macro-level order can arise from micro-level interactions. Although it is possible to run simple CAs using pencil and paper, a computer is better able to keep track of all the interactions. This paper illustrates how simple CAs can be run on a...
Persistent link: https://www.econbiz.de/10005350486
This article investigates whether Google Trends search information can improve forecasts of cinema admissions. Using monthly data for the United Kingdom for the period 1 January 2004 to 31 December 2008, we examine various forecasting models that incorporate Google Trends search information. We...
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