GOVERNMENT INTERVENTION TO PREVENT BANKRUPTCY: THE EFFECT OF BLIND-BIDDING LAWS ON MOVIE THEATERS.
In the 1970s motion picture studios increased their use of blind bidding and nonrefundable guarantees in an attempt to reduce the risks associated with producing a small number of large budget films. However, theater owners claimed that blind bidding and guarantees shifted risk to them and increased...
| Published in: | Economic Inquiry Vol. 50; no. 4; pp. 1000 - 1018 |
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| Main Authors: | , |
| Format: | Article |
| Published: |
Wiley-Blackwell
Oct2012
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| Subjects: | |
| Online Access: | View this record in EBSCOhost |