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This research analyzes the impact of the degree of omnivorousness on consumer choice in the book market. Panel Scanner … various book genres. A mixed logit model was employed to control for unobserved differences in preferences. The analysis … revealed that consumers in the book market are highly heterogeneous, and this is partially explained by their degree of …
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This chapter is a survey on the economics of blockbusters and bestsellers in popular entertainment and culture, with a particular focus on empirical methods and applications to movies, music, and books. We first survey various conceptual models on the economics of superstars and the...
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