IDEAS home Printed from https://ideas.repec.org/
MyIDEAS: Login to save this paper or follow this series

At the Movies: Risk Sharing and the Economics of Exhibition Contracts

  • Darren Filson

    (Claremont Graduate University)

  • Fernando Fabre

    (Universidad Anahuac del Sur)

  • Alfredo Nava

    (Universidad Anahuac del Sur)

  • Paola Rodriguez

    (Universidad Anahuac del Sur)

The current literature on sharing contracts emphasizes the importance of asymmetric information and typically assumes that one party is risk neutral while the other is risk averse. This paper describes a real-world contract that is widely used - the movie exhibition contract - and argues that asymmetric information is not the main feature of the environment that leads to sharing. The explanation that fits the facts better is simply that distributors and exhibitors are both risk averse. The analysis suggests that two-sided risk aversion is important in determining contracts.

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL: http://www.claremontmckenna.edu/rdschool/papers/2001-01.pdf
Download Restriction: no

Paper provided by Claremont Colleges in its series Claremont Colleges Working Papers with number 2001-01.

as
in new window

Length:
Date of creation: Jan 2001
Date of revision:
Handle: RePEc:clm:clmeco:2001-01
Contact details of provider: Postal: 500 E. 9th Street, Claremont, CA 91711
Phone: (909) 607-3041
Fax: (909) 621-8249
Web page: http://www.claremontmckenna.edu/rdschool/papers/

More information through EDIRC

No references listed on IDEAS
You can help add them by filling out this form.

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:clm:clmeco:2001-01. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ()

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.