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

Oleh:

Vany, Arthur De ; Walls, W. David

Jenis: Article from Journal - ilmiah internasional
Dalam koleksi: The Economic Journal (EBSCO) vol. 106 no. 439 (Nov. 2000), page 1493-1514.
Topik: MOTION PICTURES; bose - einstein dynamics; adaptive contracting; motion picture; industry

Ketersediaan

Perpustakaan Pusat (Semanggi) Nomor Panggil: EE28.18 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

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Isi artikel

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 decentralised, adaptive, and self - organising : semi - stationary admission prices, local information, and contingency - rich contracts match the film rental price and the supply of theatrical engagements to demand.

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