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https://nbn-resolving.org/urn:nbn:de:0168-ssoar-239909

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Habit, aggregation and long memory: evidence from television audience data

[Zeitschriftenartikel]

Peel, David A.
Byers, John D.
Thomas, Dennis A.

Abstract

Many economic outcomes appear to be influenced by habit or commitment, giving rise to persistence. In cases where the decision is binary and persistent, the aggregation of individual time series can result in a fractionally integrated process for the aggregate data. Certain television programmes app... mehr

Many economic outcomes appear to be influenced by habit or commitment, giving rise to persistence. In cases where the decision is binary and persistent, the aggregation of individual time series can result in a fractionally integrated process for the aggregate data. Certain television programmes appear to engender commitment on the part of viewers and the decision to watch or not is clearly binary. We report an empirical analysis of television audience data and show that these series can be modelled as I(d) processes. We also investigate the proposition that temporal aggregation of a fractionally-integrated series leaves the value of d unchanged.... weniger

Thesaurusschlagwörter
Aggregation

Klassifikation
Wirkungsforschung, Rezipientenforschung
Rundfunk, Telekommunikation

Freie Schlagwörter
Long Memory; Fractional Processes; Habit

Sprache Dokument
Englisch

Publikationsjahr
2008

Seitenangabe
S. 321-327

Zeitschriftentitel
Applied Economics, 39 (2008) 3

DOI
https://doi.org/10.1080/00036840500428120

Status
Postprint; begutachtet (peer reviewed)

Lizenz
PEER Licence Agreement (applicable only to documents from PEER project)


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Home  |  Impressum  |  Betriebskonzept  |  Datenschutzerklärung
© 2007 - 2025 Social Science Open Access Repository (SSOAR).
Based on DSpace, Copyright (c) 2002-2022, DuraSpace. All rights reserved.