Circulating libraries and video rental stores
نویسندگان
چکیده
منابع مشابه
Circulating Libraries and Video Rental Stores
In this note we describe some interesting parallels between circulating libraries in England circa 1750-1850 and video rental stores in the U.S. circa 1980-1990. Both institutions evolved in a similar manner, which suggests that common economic and social forces were at work. What happened in these two instances may happen yet again, and we think that the histories of these two industries may b...
متن کاملEstimating the Costs of Market Entry and Exit for Video Rental Stores
This paper uses information on entry and exit to estimate jointly video rental stores’ profits, entry costs and sell-off values. I find that the distribution of sell-off values first-order stochastically dominates that of entry costs, which suggests that the entry behavior in this industry cannot be well captured by a static model because such a model implicitly assumes that a potential entrant...
متن کاملVertical Contracts in the Video Rental Industry1
A large body of theoretical work has explored the channels through which vertical contracts can induce efficiency improvements. However, it is also important to study vertical contracts empirically in order to gain insight into the relative size of different types of efficiency gains. In this paper, I empirically analyse a contractual innovation in the vertically separated video rental industry...
متن کاملVertical Contracts in the Video Rental Industry
This paper analyzes the implications of contractual innovation in vertically-separated industries, using the example of the video rental industry. Prior to 1998, video stores obtained inventory from movie distributors using simple linear pricing contracts. In 1998, revenue-sharing contracts were widely adopted. I investigate the effect of using revenue-sharing contracts on firms’ profits and co...
متن کاملLaw , Movie Production , and Video Pricing : the European Rental Directive
∗ National University of Singapore. Corresponding author: Ivan Png, Dept of Information Systems, National University of Singapore, 3 Science Drive 2, Singapore 117543, Tel: +65 6516-6807, http://www.comp.nus.edu.sg/~ipng/. We thank participants at ... seminars at the Hong Kong University of Science and Technology, Oxford University, ... for helpful advice. Ivan Png thanks Nuffield College for k...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: First Monday
سال: 2001
ISSN: 1396-0466
DOI: 10.5210/fm.v6i5.854