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Replication data for: To Review or Not to Review? Limited Strategic Thinking at the Movie Box Office

Version
1
Resource Type
Dataset
Creator
  • Brown, Alexander L.
  • Camerer, Colin F.
  • Lovallo, Dan
Publication Date
2012-05-01
Description
  • Abstract

    Film studios occasionally withhold movies from critics before their release. These cold openings provide a natural setting to apply laboratory-developed models of limited strategic thinking to the field. In a set of 1,303 widely released movies, cold opening is correlated with a 10-30 percent increase in domestic box-office revenue, and a pattern of fan disappointment, consistent with the hypothesis that some moviegoers do not infer low quality from cold opening. While selection and endogeneity may play a role in these regressions, the full pattern of results is consistent with level-k and cognitive hierarchy behavioral-game-theoretic models. (JEL D12, D82, L82, M37)
Availability
Download
Relations
  • Is supplement to
    DOI: 10.1257/mic.4.2.1 (Text)
Publications
  • Brown, Alexander L, Colin F Camerer, and Dan Lovallo. “To Review or Not to Review? Limited Strategic Thinking at the Movie Box Office.” American Economic Journal: Microeconomics 4, no. 2 (May 2012): 1–26. https://doi.org/10.1257/mic.4.2.1.
    • ID: 10.1257/mic.4.2.1 (DOI)

Update Metadata: 2020-05-18 | Issue Number: 2 | Registration Date: 2019-10-13

Brown, Alexander L.; Camerer, Colin F.; Lovallo, Dan (2012): Replication data for: To Review or Not to Review? Limited Strategic Thinking at the Movie Box Office. Version: 1. ICPSR - Interuniversity Consortium for Political and Social Research. Dataset. https://doi.org/10.3886/E114396V1