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Description

We develop a unique model for household preferences in a three good market of television content (cable), internet content (Netflix), and income spent on any other good or activity. Utility

We develop a unique model for household preferences in a three good market of television content (cable), internet content (Netflix), and income spent on any other good or activity. Utility is a function of the time spent viewing television content, time spent viewing internet content, and income spent otherwise. Preferences are determined by the complementarity (or substitutability) of television and internet content, the complementarity of viewing content and spending income otherwise, and individual preference for income.

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Contributors
Date Created
  • 2016-05
Resource Type
  • Text
  • Machine-readable links