Rational Addiction to News?

Ralf Dewenter

No 2/2003, Working Paper from 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.

Keywords: Rational Addiction; Habit Formation; Print Media; Panel Data (search for similar items in EconPapers)
JEL-codes: C23 D12 L89 (search for similar items in EconPapers)
Pages: 46 pages
Date: 2003-06
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Citations: View citations in EconPapers (5)

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