Hollywood Economics

How Extreme Uncertainty Shapes the Film Industry

By:

Arthur De Vany

Format:

Hardback

Series:

Routledge Studies in Contemporary Political Economy

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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.

Author Biography:

Arthur De Vany is Professor Emeritus of Economics at the University of California, Irvine and President of Arts Analytica, a consulting company specializing in energy, motion pictures and risk-return analysis.

Release date NZ

September 25th, 2003

Author

Arthur De Vany

Audiences

General (US: Trade)
Tertiary Education (US: College)

Pages

328

Series

Routledge Studies in Contemporary Political Economy

Dimensions

156x234x23

ISBN-13

9780415312608

Product ID

2265439

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