Hollywood Economics; How extreme uncertainty shapes the film industry (Contemporary Politicaleconomy)
Hollywood Economics; How extreme uncertainty shapes the film industry (Contemporary Politicaleconomy)
Editorial Reviews
Book Description
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.
About the Author
Arthur De Vany is Professor of Economics at the University of California, Irvine and President of Ars Analytica, a consulting company specializing in energy, motion pictures and risk-return analysis.
--This text refers to the
Hardcover
edition.
Hollywood Economics (Contemporary Politicaleconomy),Arthur De Vany,Routledge,0415312612,Business & Economics,Business/Economics,Economic aspects,Economics - General,Motion picture industry,Technology & Industrial Arts,Telecommunications,United States,Business & Economics / Economics / General,Cinema industry,Economic theory & philosophy,USA
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