External link to Empirical analysis of variables

Empirical analysis of variables

Empirical analysis 3.1. Variables The dependent variable in our study is a film’s weekly box office revenues (e.g., Eliashberg and Shugan, 1997). The independent variables, or predictors, include explanatory variables that relate to all films, explanatory variables that relate only to the sequels, and control variables or covariates that relate to all films. For all films, we use a dummy variable SEQUEL (which takes a […]

External link to Discussion on Box Office  Sequel satiation

Discussion on Box Office  Sequel satiation

Sequel satiation Recent research by Sood and Dreze (2006) suggests that sequels may be prone to satiation effects, if, for example, consumers think that the sequel is a repeat of the same storyline or plot of the parent film. The underlying argument is that films are hedonic in nature (Hirschman and Holbrook, 1982) where consumers typically prefer a variety of experiences. One way to inject […]

External link to Discussion on the Franchise length

Discussion on the Franchise length

Franchise length Over time, a film may spawn multiple sequels and become a franchise. For example, the James Bond franchise, starting with Dr. No in 1963 produced twenty sequels until 2002 (Die Another Day). An interesting question is whether the number of intervening sequels affects the current sequel’s box office performance. Research suggests that the answer might depend upon the quality of the intervening sequels […]

External link to  American Airlines new pricing strategy

 American Airlines new pricing strategy

Read “American Airlines,” located in Chapter 24 of the textbook, Managerial Economics: A Problem Solving Approach (SEE BELOW). American Airlines announced a new pricing strategy that they believed would address concerns and benefit the company. Conduct further research on American Airlines’ value pricing. Analyze American Airline’s structure and decision to implement value pricing and discuss the following (750-1,000 words): 1. Discuss the decision behind American Airlines developing and […]

External link to Technology drivers of IT infrastructure evolution

Technology drivers of IT infrastructure evolution

What are the stages and technology drivers of IT infrastructure evolution? • List each of the eras in IT infrastructure evolution and describe its distinguishing characteristics. • Define and describe the following: Web server, application server, multitiered client/server architecture. • Describe Moore’s Law and the Law of Mass Digital Storage. • Describe how network economics, declining communications costs, and technology standards affect IT infrastructure.   […]

External link to The definition of a price maker

The definition of a price maker

Please answer in 75 to 150 words or more. The definition of a price maker is a “firm with some power to set price because the demand curve for its output slopes downward,” which in effect, means those firms with downward sloping demand curves have some market-pricing power. All firms potentially have market-pricing power in the short run, but in the long run, only certain […]

External link to City and Metropolitan Economics

City and Metropolitan Economics

City & Metropolitan Economics Week 01 – Intro to Urban Economic Concepts January 11, 2018     Agenda We’ll try to take on the following areas over the next few class meetings: 1. Welfare economics: how do we decide who gets what, who pays what, who lives where, etc? 2. What are public goods and externalities? 3. How does space (e.g., distance, time, etc.) interact […]

External link to The imposition of the congestion charge

The imposition of the congestion charge

Before the imposition of the congestion charge in 2003, approximately 200,000 drivers entered central London each weekday. After the imposition of the $8 charge, the volume of drivers entering central London each weekday fell to 130,000. Other than the congestion charge, transportation economists estimate the daily cost of entering and parking in central London at $20 per day (including gasoline, parking, and congestion wait time). […]

External link to The right solution to private government

The right solution to private government

  Discussion In a cooperative, workers collectively invest in the firm, make decisions about production, and share profits equally. Dr. Ellerman believes this is the right solution to private government – make the workplace a democracy by having all workers provide capital and share in the firm’s profit. Do you think the strengths outweigh the weaknesses of this idea? Why?

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