| dc.creator | Agostini, Claudio | |
| dc.creator | Saavedra, Eduardo | |
| dc.date | 2015-04-03T20:53:39Z | |
| dc.date | 2015-04-03T20:53:39Z | |
| dc.date | 2009 | |
| dc.date.accessioned | 2018-04-19T21:15:59Z | |
| dc.date.available | 2018-04-19T21:15:59Z | |
| dc.identifier | Documentos de Investigación 222: 2009, p. 1-28 | |
| dc.identifier | http://repositorio.uahurtado.cl/handle/11242/6711 | |
| dc.identifier.uri | http://repositorioslatinoamericanos.uchile.cl/handle/2250/1373753 | |
| dc.description | This paper both theoretically and empirically addresses how a vertical structure in
the motion-pictures industry determines the number of prints a distributor releases
of a new film. A simple theoretical model shows that the optimal number of copies is
increasing on the expected demand for the film and the revenue share of the distributor,
and decreasing on the cost of each copy. The model also predicts that the optimal
number of copies will decrease with the number of theaters that are vertically integrated
with the distributor, as long as running a cinema requires financing a non-negligible cost
of capital. The theoretical results are empirically tested using a very rich dataset of
films exhibition patterns in the major Chilean markets. The empirical results show
that, on average, a non-integrated distributor releases 8 more copies than an integrated
distributor. | |
| dc.language | en_US | |
| dc.publisher | Universidad Alberto Hurtado. Facultad de Economía y Negocios | |
| dc.subject | Motion-Pictures | |
| dc.subject | Vertical Integration | |
| dc.subject | Release of New Films | |
| dc.title | The Effects of Vertical Integration on the Release of New Films | |
| dc.type | Artículos de revistas | |
