Title
Box-Office Demand: The Importance of Being #1
Date Issued
01 June 2016
Access level
metadata only access
Resource Type
journal article
Publisher(s)
Blackwell Publishing Ltd
Abstract
We propose a theoretical framework to understand the effect on a movie's eventual theatrical success of leading the box office during the opening weekend. We consider two possible channels: a positive shock to the utility from watching the movie and a greater awareness of the movie's existence. We derive a series of testable predictions, which we test on U.S. box office data. The results suggest that being #1 in sales during the opening weekend has an economically and statistically significant effect on the movie's total demand; and that the primary channel for this effect is through the greater awareness induced by being #1.
Start page
277
End page
294
Volume
64
Issue
2
Language
English
OCDE Knowledge area
Economía
Scopus EID
2-s2.0-84973141676
Source
Journal of Industrial Economics
ISSN of the container
00221821
Sources of information: Directorio de Producción Científica Scopus