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Deutsche Physikalische Gessellschaft IOP Institute of Physics

The effect of social interactions in the primary consumption life cycle of motion pictures

César A Hidalgo R1,2, Alejandra Castro3 and Carlos Rodriguez-Sickert4,5

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We develop a 'basic principles' model which accounts for the primary life cycle consumption of films as a social coordination problem in which information transmission is governed by word of mouth. We fit the analytical solution of such a model to aggregated consumption data from the film industry and derive a quantitative estimator of its quality based on the structure of the life cycle.


PACS

01.75.+m Science and society

01.50.ff Films; electronic video devices

89.65.Gh Economics; econophysics, financial markets, business and management

Subjects

Education and communication

Statistical physics and nonlinear systems

Dates

Issue 4 (April 2006)

Received 7 December 2005

Published 10 April 2006



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