Drip or drop : evidence on state dependence and consumption constraints from TV streaming

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Abstract/Contents

Abstract
I study how state dependence affects consumer choices when consumption is constrained by product release strategies. Using a unique dataset of automatically-logged user-level TV streaming data, I show that constraints on users' consumption imposed by the availability of episodes affect consumption choices and that these choices lead to state dependence within and across shows. This implies that show-level policies will affect aggregate consumption outcomes. However, because consumers communicate about TV shows, user-level experimentation with episode release timing is practically infeasible. Instead, I estimate a structural model of TV watching that includes state dependence and consumption constraints via episode availability. This enables the evaluation of counterfactual episode release policies. I allow state dependence to spill over to other shows and to affect subsequent choices, thereby linking release policy and total viewership outcomes. I find evidence for state dependence and imperfect spillovers across shows. Counterfactual simulations highlight the importance of episode release timing. as an input to overall watching behavior for streaming platforms. This work has implications for product availability strategies and policies which encourage varying patterns of consumption in any setting where consumption is constrained or may be state-dependent.

Description

Type of resource text
Form electronic resource; remote; computer; online resource
Extent 1 online resource.
Place California
Place [Stanford, California]
Publisher [Stanford University]
Copyright date 2023; ©2023
Publication date 2023; 2023
Issuance monographic
Language English

Creators/Contributors

Author Zeller, Jonathan Alden
Degree supervisor Narayanan, Sridhar, 1970-
Thesis advisor Narayanan, Sridhar, 1970-
Thesis advisor Kim, Yewon
Thesis advisor Lattin, James M
Degree committee member Kim, Yewon
Degree committee member Lattin, James M
Associated with Stanford University, Graduate School of Business

Subjects

Genre Theses
Genre Text

Bibliographic information

Statement of responsibility Jon Zeller.
Note Submitted to the Graduate School of Business.
Thesis Thesis Ph.D. Stanford University 2023.
Location https://purl.stanford.edu/tr784rv5475

Access conditions

Copyright
© 2023 by Jonathan Alden Zeller
License
This work is licensed under a Creative Commons Attribution Non Commercial 3.0 Unported license (CC BY-NC).

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