Customers can only show revealed preferences based on what studios put out. It is possible that studios don’t put out things that the customers would spend the most money on. (For instance, if studios are risk-averse and would release movies that on the average make less money, as long as the worst case is less likely.)
Customers can only show revealed preferences based on what studios put out. It is possible that studios don’t put out things that the customers would spend the most money on. (For instance, if studios are risk-averse and would release movies that on the average make less money, as long as the worst case is less likely.)