An empirical analysis of milk addictionAuld, Christopher | |
Big budgets, big openings, and legs: Analysis of the blockbuster strategyWalls, W. D. and DeVany, A.The blockbuster strategy---using big budgets, stars, and advertising to create high opening week box office grosses---is based on the theory that motion picture audiences follow an information cascade by choosing movies according to how heavily they are advertised, what stars are in them, and their revenue ranking in the box-office tournament. Opposed to this theory of choice based on herd-type behavior is the view that quality matters and that through the communication of personal quality information the audience will turn a non-informative cascade of the opening into an informed cascade in which quality signals dominate quantity signals. In this paper, we examine the blockbuster strategy using a sample of more than 2000 motion pictures exhibited in the US between 1985--96. Contrary to the blockbuster strategy, we find that the opening is less critical for successful than for unsuccessful films. The movie-going audience cannot be manipulated and a movie will be a hit only if it engages a positive word-of-mouth information cascade. | |
Campaign Contributions and Trade Policy: New Tests of Stolper-SamuelsonBeaulieu, Eugene | |
Competition Policy in Open EconomiesYuan, Lasheng and Hollis, Aidan | |
Conduit Entities: Implications of Indirect Tax-Efficient Financing Structures for Real InvestmentMintz, Jack | |
Does EU really encourage trade? The effect of EU market enlargement on Ukraine's trade policy.Ivus, Olena | |
Financial Markets and Institutions: Canadian Edition.Mishkin, Frederic S., Eakins, Stanley G. and Serletis, Apostolos | |
Foreign Aid, Innovation and Technology Transfer in a North-South Model with Learning by DoingGaisford, James and Bennarroch, M. | |
Fossil Electricity and CO2 Sequestration: How Natural Gas Prices, Initial Conditions and Retrofits Determine the Cost of Controlling CO2 EmissionsKeith, David and Johnson, Timothy L. | |
If It Ain't Broke, You Ain't Trying Hard EnoughMcKenzie, Kenneth James in Bird, Richard Who Decides? Government in the New Millennium | |
Income Shifting, Investment and Tax Competition: Theory and Evidence from Provincial Taxation in CanadaMintz, Jack and Michael Smart | |
Income Trusts and Shareholder Taxation: Getting it RightMintz, Jack and Lalit Aggarwal | |
Informational spillovers and the coordination of speculative investmentsGonzalez, Francisco M. | |
Instrument Choice in a FisheryBoyce, John | |
International Commercial Policy Toward Agricultural Biotechnology: Issues and EvolutionGaisford, James, Hobbs, J., Issac, G., Kerr, W. and Klein, K. in Evenson, R.E. and Santaniello, V. The Regulation of Agricultural Biotechnogy | |
International Trade, Species diversity and habitat conservationSmulders, Sjak, van Soest, D. and Withagen, C. | |
"Investigation of the Economic Efficiency of Electricity Generation from Iran’s Thermal Power Plants"Khademvatani, Asgar | |
Macroeconomics, Seventh Canadian EditionAtkins, Frank | |
Motion picture profit, the stable Paretian hypothesis, and the curse of the superstarDe Vany, A. and Walls, W. D. | |
Preliminary Results of the London Congestion Charging SchemeShaffer, Blake and Santos, Georgina | |
Quality evaluations and the breakdown of statistical herding in the dynamics of box-office revenueWalls, W. D. and DeVany, A.Are motion picture audiences influenced by box office reports? Do they `herd' after the leaders and ignore possibly better but less popular films? How important is a big opening to the revenue a film eventually earns? This paper develops a dynamical learning model of motion picture demand that reveals the influence of prior demand on current and future demand. The model shows that audience dynamics are complex and herding is fragile. We show that the path of box office revenue bifurcates into a hit and a non-hit branch four weeks into the run and these paths rapidly diverge thereafter. | |
Rethinking KyotoGaisford, James, Kerr, W.A. and Pancoast, R.D. | |
Specific Decision and Strategy Vector Methods in Ultimatum Bargaining: Evidence on the Strength of Other-Regarding BehaviorOxoby, Robert and McLeish, Kendra N. | |
Status, Cognitive Dissonance, and the Growth of the UnderclassOxoby, Robert | |
Strategic Public Policy Toward Agricultural Biotechnology with Externalities in Developing CountriesChattopadhyay, Anasuya and Horbulyk, Ted | |
Taxing Financial ActivityMintz, Jack | |
The Dis-Integrating Canadian Labour Market? The Extent of the market Then and NowEmery, Herbert and Coe, Patrick J. | |
The Doha Round: a New Agreement on AgricultureGaisford, James and Kerr, W.A. in Burakovsky, I., Handrich, L. and Hoffman, L. Ukraine's WTO Accession: Challenge for Domestic Economic Reforms | |
The Elementary Economics of Social DilemmasEaton, B. Curtis | |
The influence of large-scale wind-power on global climateKeith, David, DeCarolis, Joseph F., Denkenberger, David C., Lenschow, Donald H., Malyshev, Sergey L., Pacala, Stephen and Rasch, Philip J. | |
The Optimal Threshold for VATMintz, Jack and M. Keen | |
Trade Barriers and Wage Inequality in a North-South Model with Technology-Driven Intra-Industry TradeGaisford, James, Beaulieu, E. and Benarroch, M. | |
Trade Barriers, Learning, and Wage Inequality in a North-South Product-cycle Model with an Endogenous Skill DecisionBeaulieu, Eugene | |
Trade, Growth and the EnvironmentTaylor, M. Scott and Copeland, Brian | |
Trade Pessimists vs Technology Optimists: Induced Technical Change and Pollution HavensSmulders, Sjak and Di Maria, C. | |
Using the Wrong Discount Rate to Allocate a Marine ResourceRowse, John | |
Where Did the Debt Come From?Kneebone, Ronald D. and Chung, J. in in C. Ragan and W. Watson (editors), Is the Debt War Over? |