| 1917 | Arthur C. Clarke, English science fiction writer (2001: A Space Odyssey) | ||||
| 1932 | Sir Quentin Saxby Blake, illustrator and children’s writer; received the Hans Christian Andersen Award (2002) and was Britain’s first Children’s Laureate (1999–2001). | ||||
| 1936 | Morris Dees, activist; co-founder of the Southern Poverty Law Center. | ||||
| 1938 | Liv Ullmann, Norwegian actress and director; won Golden Globe for Best Actress–Motion Picture Drama for The Emigrants (1971). | ||||
| 1943 | Steven Bochco, TV producer and writer (Hill Street Blues, L.A. Law). | ||||
| 1949 | Billy Gibbons, sinner, songwriter, musician with ZZ Top and Moving Sidewalks bands. |
Chapter 8 – Bestsellers and Blockbusters: Movies, Music, and BooksAbstract
This
chapter is a survey on the economics of blockbusters and bestsellers in
popular entertainment and culture, with a particular focus on empirical
methods and applications to movies, music, and books. We first survey
various conceptual models on the economics of superstars and the
winner-take-all nature of product success. We then survey the range of
statistical methodologies that can be used to quantify formally the
winner-take-all nature of the distribution of success while estimating
the correlates of success across competing titles. In separate
subsections for movies, music, and books, we survey the empirical
literature that relates to the blockbuster phenomenon. The final section
discusses specific current topics related to the distribution of
success, focusing on issues that appear to be fruitful areas for future
research.
Keywords
JEL Classification Codes
Copyright © 2014 Elsevier B.V. All rights reserved.
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