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Rational Addiction to News?

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Author Info

  • Dewenter, Ralf

    ()
    (Helmut Schmidt University, Hamburg)

Abstract

Quarterly data of magazine circulation are used to analyse the consumption behaviour of the readers of German popular magazines in a panel framework using OLS, 2SLS and generalized method of moments techniques, in order to test the rational addiction hypothesis in respect with goods without any biological dependency.

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Bibliographic Info

Paper provided by Helmut Schmidt University, Hamburg in its series Working Paper with number 2/2003.

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Length: 46 pages
Date of creation: Jun 2003
Date of revision:
Handle: RePEc:ris:vhsuwp:2003_002

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Related research

Keywords: Rational Addiction; Habit Formation; Print Media; Panel Data;

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Cited by:
  1. Lapo Filistrucchi, 2005. "The Impact of Internet on the Market for Daily Newspapers in Italy," Economics Working Papers ECO2005/12, European University Institute.
  2. Kaili Shen & David Giles, 2006. "Rational exuberance at the mall: addiction to carrying a credit card balance," Applied Economics, Taylor & Francis Journals, vol. 38(5), pages 587-592.

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