Superstardom in Popular Music: Empirical Evidence

Hamlen, William A.

doi:10.2307/2109415

Cited by 175 publications

(69 citation statements)

References 4 publications

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“…They show in a log-log wage regression on a semi-subjective performance index by journalists, Google hits, and usual control variables that the superstars so defined earn a premium above what is explained by their performance, popularity, and other co 2 For example Hamlen (1991) tests the influence of 'harmonic content of voice' as relevant performance measure of pop music stars on their record sales and thus their superstar status. It is however by no means clear that this is the only or the most important superstar factor as sex appeal, stage performance, video clips, or lyrics may play an equally important role.…”

Section: Introductionmentioning

confidence: 99%

What Does it Take to be a Star? – The Role of Performance and the Media for German Soccer Players

Lehmann¹,

Schulze

2008

AEQ

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Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. Terms of use: Documents in EconStor may

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Section: Introductionmentioning

confidence: 99%

What Does it Take to be a Star? – The Role of Performance and the Media for German Soccer Players

Lehmann¹,

Schulze

2008

AEQ

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“…He motivated the theory by describing how Alfred Marshall [3] was concerned with the distributional effects of a progressive salary structure with respect to ability, particularly at the upper tail of the distribution for ability. The superstar concept has been applied to various economic situations in the entertainment industry, e.g., Scully [4], Jones and Walsh [5], Hamlen [6,7], Chung and Cox [8] and Lucifora and Simmons [9].…”

Section: Literature Reviewmentioning

confidence: 99%

A Model of Progressive Employee Compensation and Superstardom

Hamlen¹,

Hamlen²,

Southwick³

2013

TEL

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This paper identifies the condition leading to a progressive salary situation wherein the elasticity of compensation with respect to ability is greater than unity, i.e., a small percentage advantage in ability results in a disproportional increase in compensation. This analysis also helps explain the "superstar phenomenon" made famous by Rosen (1981). Two assumptions are made. The first is that there is a generalized Cobb-Douglas type of production function wherein different hierarchies of employees of different abilities are viewed as distinct inputs. The second is that the distribution of ability is bell-shaped or approximately normally distributed, and can be approximated by a Poisson distribution. The model is applied using average outgoing salaries of MBA students from different universities compared to their average test scores.

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“…The popular recording music environment is one in which increasing return conditions (Kretschmer et al, 1999) and the "superstar phenomenon" (Rosen, 1981;Adler, 1984;Hamlen, 1991) lead to huge differentials in sales between those artists who are successful and those who are not (Cox et al, 1995).…”

Section: Insight Into Future Music Trendsmentioning

confidence: 99%

How Relevant is Transaction Cost Economics to Inter-Firm Relationships in the Music Industry?

Gander

Rieple

2004

Journal of Cultural Economics

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Abstract. This paper applies the transaction cost framework to the organisation of product sourcing and development (PS&D) activities within the popular music industry. Two firm types characterise the industry and this particular set of activities; large multinational firms ('majors') and smaller regionally bound companies ('independents'). We find that the Transaction Cost Economies framework of Oliver Williamson (1985Williamson ( , 1999 provides only a partial explanation for the observed hybrid organisational structures established by the two firm types. A more sensitive model can be achieved by including a number of moderating variables drawn from the socially constructed and situationally dependent idiosyncrasies of the assets involved in the PS&D activities under consideration.

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Superstardom in Popular Music: Empirical Evidence

Cited by 175 publications

References 4 publications

What Does it Take to be a Star? – The Role of Performance and the Media for German Soccer Players

What Does it Take to be a Star? – The Role of Performance and the Media for German Soccer Players

A Model of Progressive Employee Compensation and Superstardom

How Relevant is Transaction Cost Economics to Inter-Firm Relationships in the Music Industry?

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