CA Hidalgo, A Castro, C Rodriguez-Sickert
CA Hidalgo, A Castro, C Rodriguez-Sickert
We develop a ‘basic principles’model which accounts for the primary life cycle consumption of films as a social coordination problem in which information transmission is governed by word of mouth. We fit the analytical solution of such a model to aggregated consumption data from the film industry and derive a quantitative estimator of its quality based on the structure of the life cycle.