Hollywood economics : how extreme uncertainty shapes the film industry / Arthur De Vany.

Format:

Book

Author/Creator:

De Vany, Arthur S.

Contributor:

Phi Beta Kappa Library Trust Fund.

Language:

English

Subjects (All):

Motion picture industry--Economic aspects--United States.

Motion picture industry.

Motion picture industry--Economic aspects.

United States.

Physical Description:

xvii, 308 pages : illustrations ; 24 cm

Place of Publication:

London ; New York : Routledge, 2003.

Summary:

Just how risky is the Movie industry? Is screenwriter William Goldman's claim that "nobody knows anything" really true? Can a star and a big opening change a movie's risks and return? Do studio executives really earn their huge paychecks? These and many other questions are answered in "Hollywood Economics." The book uses powerful analytical models to uncover the wild uncertainty that shapes the industry. The centerpiece of the analysis is the unpredictable and often chaotic dynamic behavior of motion picture audiences. This unique and important book will be of interest to students and researchers involved in the economics of movies, industrial economics and business studies. The book will also be a real eye-opener for film writers, movie executives, finance and risk management professionals as well as more general movie fans.

Notes:

Includes bibliographical references (pages [298]-304) and index.

Local Notes:

Acquired for the Penn Libraries with assistance from the Phi Beta Kappa Library Trust Fund.

ISBN:

0415312604

0415312612

OCLC:

52783085