Movie producers and the statistical distribution of achievement
Jordi Mckenzie ()
Applied Economics Letters, 2010, vol. 17, issue 17, 1657-1661
Abstract:
This article investigates De Vany's (2004) application of the Pareto distribution to the careers of actors and directors by considering a sample of movie producers. The results support the Pareto distribution for describing the 'number of films produced' and the 'sum of box office revenue' earned by a producer. The results suggest that a producer is more likely to produce another film as the number of films which they have already produced increases. Also, although an early career producer faces more chance of securing a further film by pure luck, an established producer greatly benefits from his/her previous success.
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:taf:apeclt:v:17:y:2010:i:17:p:1657-1661
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DOI: 10.1080/13504850903194183
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