Rational Addiction to News?
University FAF Economics Discussion Paper No. 2
46 Pages Posted: 6 Sep 2003
Date Written: June 2003
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: Suggested Citation