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Perverse outcomes of intense competition in the popular arts and its implications for product quality

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  • Joshua Frank

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  • Joshua Frank, 2008. "Perverse outcomes of intense competition in the popular arts and its implications for product quality," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 32(3), pages 215-224, September.
  • Handle: RePEc:kap:jculte:v:32:y:2008:i:3:p:215-224
    DOI: 10.1007/s10824-008-9071-1
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    References listed on IDEAS

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    1. Stigler, George J., 2011. "Economics of Information," Ekonomicheskaya Politika / Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 5, pages 35-49.
    2. Adler, Moshe, 1985. "Stardom and Talent," American Economic Review, American Economic Association, vol. 75(1), pages 208-212, March.
    3. George J. Stigler, 1962. "Information in the Labor Market," NBER Chapters, in: Investment in Human Beings, pages 94-105, National Bureau of Economic Research, Inc.
    4. De Vany, Arthur S. & Walls, W. David, 2004. "Motion picture profit, the stable Paretian hypothesis, and the curse of the superstar," Journal of Economic Dynamics and Control, Elsevier, vol. 28(6), pages 1035-1057, March.
    5. George A. Akerlof, 1970. "The Market for "Lemons": Quality Uncertainty and the Market Mechanism," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 84(3), pages 488-500.
    6. Rosen, Sherwin, 1981. "The Economics of Superstars," American Economic Review, American Economic Association, vol. 71(5), pages 845-858, December.
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    Cited by:

    1. Frank, Joshua M. & Carlisle-Frank, Pamela, 2009. "The role of relationships in labor markets for the popular arts and its impact on product quality," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 38(2), pages 384-390, March.
    2. Frank, Joshua & Sohn, Saeyoon, 2011. "A behavioral economic analysis of excess entry in arts labor markets," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 40(3), pages 265-273, May.
    3. Samuel Cameron, 2011. "Criticism," Chapters, in: Ruth Towse (ed.), A Handbook of Cultural Economics, Second Edition, chapter 19, Edward Elgar Publishing.

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