Rational addiction and the demand for cinema

被引:34
作者
Cameron, S [1 ]
机构
[1] Univ Bradford, Dept Social & Econ Studies, Bradford BD7 1DP, W Yorkshire, England
关键词
D O I
10.1080/135048599352736
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper estimates Becker's rational addiction model using a demand for cinema equation. The results do not seem to be strongly supportive of the rational addiction model. As in Becker, Murphy, Grossman we find a significant coefficient on the lead consumption term and a quite plausible discount rate in OLS estimation with significant price effects. However the IV estimates preferred by Becker et al. fails to give support for any elements of the model.
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页码:617 / 620
页数:4
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