Rational Addiction to News?

University FAF Economics Discussion Paper No. 2

46 Pages Posted: 6 Sep 2003

See all articles by Ralf Dewenter

Ralf Dewenter

University of the Federal Armed Forces Hamburg - Department of Economics

Date Written: June 2003

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

JEL Classification: C23, D12, L89

Suggested Citation

Dewenter, Ralf, Rational Addiction to News? (June 2003). University FAF Economics Discussion Paper No. 2, Available at SSRN: https://ssrn.com/abstract=429520 or http://dx.doi.org/10.2139/ssrn.429520

Ralf Dewenter (Contact Author)

University of the Federal Armed Forces Hamburg - Department of Economics ( email )

Holstenhofweg 85
Hamburg, 22043
Germany

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