Bayesian Information Transmission and Stable Distributions: Motion Picture Revenues at the Australian Box Office

Jordi Mckenzie ()

The Economic Record, 2008, vol. 84, issue 266, 338-353

Abstract: Recent empirical literature has identified the importance of information transmission in creating box office blockbusters. It has been shown that box office revenue distributions are characterised by extremities of skew and variance that cannot be explained by such things as expensive budgets, star power, critical acclaim or awards. Empirical research of this industry has subsequently turned its attention to models of information transmission and the consequential implications for box office revenues. Using a large new Australian dataset, this paper adds to the literature by exploring the suitability of the α‐stable distribution for various definitions of Australian box office revenues.

Date: 2008
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (9)

Downloads: (external link)
https://doi.org/10.1111/j.1475-4932.2008.00495.x

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:ecorec:v:84:y:2008:i:266:p:338-353

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0013-0249

Access Statistics for this article

The Economic Record is currently edited by Paul Miller, Glenn Otto and Martin Richardson

More articles in The Economic Record from The Economic Society of Australia Contact information at EDIRC.
Bibliographic data for series maintained by Wiley Content Delivery ().