Bose-Einstein Dynamics and Adaptive Contracting in the Motion Picture Industry

Vany, Arthur De; Walls, W. David

doi:10.2307/2235197

Cited by 282 publications

(190 citation statements)

References 1 publication

Supporting

Mentioning

168

Contrasting

Unclassified

Order By: Relevance

“…Markets above a million show no significant size effects, Fig.3. In the stationary state, the distribution of the numbers of customers shows no clear distinction between hits and flops, in agreement with reality [6].…”

supporting

confidence: 77%

Social percolation and the influence of mass media

Proykova

Stauffer

2002

Physica A: Statistical Mechanics and its Applications

View full text Add to dashboard Cite

show abstract

supporting

confidence: 77%

Social percolation and the influence of mass media

Proykova

Stauffer

2002

Physica A: Statistical Mechanics and its Applications

View full text Add to dashboard Cite

show abstract

“…Regressions were estimated using the Huber-White sandwich estimators to account for heteroscedasticity. Non-normal distributions of film revenues have been identified as a challenge in the literature since De Vany and Walls (1996). However, while this has been identified, for example as a feature of US revenues (De Vany & Walls, 1999, 2002, the Shapiro-Wilk W tests for normality confirmed that for the current dataset, both total logged Chinese revenues and logged revenues for the first week of a film's release are normally distributed.…”

Section: Methodsologymentioning

confidence: 55%

Behind film performance in China’s changing institutional context: The impact of signals

et al. 2017

View full text Add to dashboard Cite

Grounded in signaling theory, this paper investigates the signals reflecting product quality, innovativeness, reputation and cultural background which influence film performance, that is, film survival (duration on cinema screen) and box office success, in China's changing institutional context. This market has grown substantially and still possesses potential for further development. However, China's unique institutional context presents challenges. By examining an expanded range of potential signals, two of which have not previously been examined in the literature, namely imported films and enhanced format film formats such as 3D and IMAX, we develop a conceptual framework and argue that signaling theory needs to be combined with institutional context. Similar to findings for film industries in other countries, we find quality and reputational signals including budget, star power, sequels, and online Asia Pac J Manag (2018) 35:63-95

show abstract

“…In social and economic systems, decision makers often pay attention to each other either because they have limited information about the problem itself or limited ability to process even the information that is available (6). When deciding which movie (11) or restaurant (12) to visit, we often have little information with which to evaluate the alternatives, so frequently we rely on the recommendation of friends, or simply pick the movie or restaurant to which most people are going. Even when we have access to plentiful information, such as when we evaluate new technologies, risky financial assets, or job candidates, we often lack the ability to make sense of it; hence, again we rely on the advice of trusted friends, colleagues, or advisors.…”

Section: Model Motivation: Binary Decisions With Externalitiesmentioning

confidence: 99%

A simple model of global cascades on random networks

Watts¹

2011

The Structure and Dynamics of Networks

View full text Add to dashboard Cite

The origin of large but rare cascades that are triggered by small initial shocks is a phenomenon that manifests itself as diversely as cultural fads, collective action, the diffusion of norms and innovations, and cascading failures in infrastructure and organizational networks. This paper presents a possible explanation of this phenomenon in terms of a sparse, random network of interacting agents whose decisions are determined by the actions of their neighbors according to a simple threshold rule. Two regimes are identified in which the network is susceptible to very large cascades-herein called global cascadesthat occur very rarely. When cascade propagation is limited by the connectivity of the network, a power law distribution of cascade sizes is observed, analogous to the cluster size distribution in standard percolation theory and avalanches in self-organized criticality. But when the network is highly connected, cascade propagation is limited instead by the local stability of the nodes themselves, and the size distribution of cascades is bimodal, implying a more extreme kind of instability that is correspondingly harder to anticipate. In the first regime, where the distribution of network neighbors is highly skewed, it is found that the most connected nodes are far more likely than average nodes to trigger cascades, but not in the second regime. Finally, it is shown that heterogeneity plays an ambiguous role in determining a system's stability: increasingly heterogeneous thresholds make the system more vulnerable to global cascades; but an increasingly heterogeneous degree distribution makes it less vulnerable.

show abstract

Bose-Einstein Dynamics and Adaptive Contracting in the Motion Picture Industry

Cited by 282 publications

References 1 publication

Social percolation and the influence of mass media

Social percolation and the influence of mass media

Behind film performance in China’s changing institutional context: The impact of signals

A simple model of global cascades on random networks

Contact Info

Product

Resources

About