The aim of this paper is to test the rational addiction hypothesis in the case of the demand for theatre. This hypothesis has been used to investigate, among others, the consumption of alcohol, cigarettes and drugs but only rarely to investigate cultural goods, with the exception of some attempts for cinema demand. Three specifications of the Becker and Murphy’s (1988) model were tested on a panel of 20 Italian regions over the period 1980–2009. The results provide evidence that theatre is an addictive consumption good and theatregoer choices are not made myopically, confirming that the Italian theatregoers are fully rational.
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|Titolo:||Rational addiction and theatre attendance. A panel approach using Italian data|
|Data di pubblicazione:||2013|
|Appare nelle tipologie:||1.1 Articolo in rivista|