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Bose-Einstein Dynamics and Adaptive Contracting in the Motion Picture Industry

Datos Bibliográficos

ID9716705
AutoresArthur De Vany (University of California, Irvine), W David Walls (0000-0002-6667-4695, University of Hong Kong)
Año1996
Volumen106
Número439
Páginas1493
Fecha de publicación1996-11-01
Peer ReviewedSí
Open AccessNo
TipoARTICLE
RevistaThe Economic Journal (JOURNAL)
Identificadores de la revistaISSN: 0013-0133 • E-ISSN: 1468-0297
EditorialOxford University Press (OUP) (PUBLISHER)
DOI10.2307/2235197
OpenAlexW2027343233
IdiomaEN
Citas recibidas37

Audiences discover what films they like and spread the word. Information feedback produces Bose-Einstein dynamics in the motion picture box office revenue distribution. Information cascades generate box office 'hits' and 'flops.' The revenue distribution evolves recursively over the 'run' as a mixture of the 'opening' and a stochastic competition among films. The motion picture run is decentralized, adaptive, and self-organizing: semistationary admission prices, local information, and contingency-rich contracts match the film rental price and the supply of theatrical engagements to demand. Copyright 1996 by Royal Economic Society

Advertising · Art · Business · Classical mechanics · Competition (biology · Contingency · Distribution (mathematics · Dynamics (music · Economics · Einstein · Film industry · Microeconomics · Motion (physics · Motion picture · Physics · Political science · Renting · Revenue · Sociology · Stochastic game · Visual arts · Artificial Intelligence · Auction Theory and Applications · Computer Science · Consumer Market Behavior and Pricing · Experimental Behavioral Economics Studies · Finance · Law · Mathematics

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Obras citantes distintas37
Citas por año1,32
Intervalo de citas1998 - 2026 (29)
Velocidad de citacióncurrent
Altamente citadoNo
Tipos de citaNeutras: 37
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