Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/76269 
Authors: 
Year of Publication: 
2002
Series/Report no.: 
CESifo Working Paper No. 829
Publisher: 
Center for Economic Studies and ifo Institute (CESifo), Munich
Abstract: 
In OECD countries watching television is by far the most time-consuming form of leisure. Surprisingly, television viewing is positively correlated with work hours across countries. A simple model based on the notion of aggregate strategic complementarities in social leisure is developed which explains such a pattern as resulting from multiple equilibria. Workers and capitalists are shown to exhibit opposite preference orderings over equilibria. The relative ability of those two groups in capturing a country's government may explain which equilibrium is selected.
Document Type: 
Working Paper
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