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by zucker42
2175 days ago
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I'm not a professional economist, but to my eye this assumes that if I'm willing to pay $10 for one channel and $3 for another, I'm willing to pay $13 for both. This seems like a bad assumption especially for media, because since TV channels serve as substitutions for each other; if I watch one I'm not going to watch another. I'm not sure if this simplification preserves the results. |
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