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Awards, Success and Aesthetic Quality in the Arts

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Author Info
Victor Ginsburgh

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Abstract

The role of experts is dramatically increasing in our societies, where sorting information about quality is becoming more and more difficult. This paper looks at expertise in the arts (movies, novels and musical interpretation) and shows that expert opinion given shortly after the work has been produced (Oscars, prizes, rankings in musical competitions) may influence success, though it does not always recognize talent and does often not survive the "test of time," considered by many art philosophers, since Hume, as one of the possible measures of fundamental aesthetic quality.

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File URL: http://www.e-jep.org/archive/1702/17020099.pdf
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Publisher Info
Article provided by American Economic Association in its journal Journal of Economic Perspectives.

Volume (Year): 17 (2003)
Issue (Month): 2 (Spring)
Pages: 99-111
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Handle: RePEc:aea:jecper:v:17:y:2003:i:2:p:99-111

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  1. Morris Holbrook & Michela Addis, 2008. "Art versus commerce in the movie industry: a Two-Path Model of Motion-Picture Success," Journal of Cultural Economics, Springer, vol. 32(2), pages 87-107, June. [Downloadable!] (restricted)
  2. Marco Haan & S. Dijkstra & Peter Dijkstra, 2005. "Expert Judgment Versus Public Opinion – Evidence from the Eurovision Song Contest," Journal of Cultural Economics, Springer, vol. 29(1), pages 59-78, February. [Downloadable!] (restricted)
    Other versions:
  3. Horowitz, Ira & Lockshin, Larry, 2006. "Does Product Diversity Signal Bargains in Australian Wine?," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association (IAMA), vol. 9(01). [Downloadable!]
  4. Dubois, Pierre & Nauges, Celine, 2007. "Identifying the Effect of Unobserved Quality and Expert Reviews in the Pricing of Experience Goods: Empirical Application on Bordeaux Wine," Working Papers 37320, American Association of Wine Economists. [Downloadable!]
    Other versions:
  5. Cansino Muñoz-Repiso, José Manuel & Sánchez Braza, Antonio, 2009. "Evaluación del programa de Escuelas Taller y Casas de Oficios a partir de su efecto sobre el tiempo de búsqueda del primer empleo. El caso de Sevilla/," Estudios de Economía Aplicada, Estudios de Economía Aplicada, vol. 27, pages 277 (22 P, Abril. [Downloadable!] (restricted)
  6. GINSBURGH, Victor & NOURY, Abdul, 2005. "Cultural voting : The Eurovision Song Contest," CORE Discussion Papers 2005006, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE). [Downloadable!]
  7. Héla Hadj Ali & Sébastien Lecocq & Michael Visser, 2005. "The impact of gurus : Parker grades and en primeur wine prices," Research Unit Working Papers 0507, Laboratoire d'Economie Appliquee, INRA. [Downloadable!]
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  8. Melissa Boyle & Lesley Chiou, 2009. "Broadway productions and the value of a Tony Award," Journal of Cultural Economics, Springer, vol. 33(1), pages 49-68, February. [Downloadable!] (restricted)
  9. Arthur Zillante, 2005. "Reputation Effects in Gold Glove Award Voting," Public Economics 0502003, EconWPA. [Downloadable!]
  10. Bruno S. Frey, 2005. "Knight Fever – Towards an Economics of Awards," CESifo Working Paper Series CESifo Working Paper No. , CESifo Group Munich. [Downloadable!]
    Other versions:
  11. Françoise Benhamou & Stéphanie Peltier, 2007. "How should cultural diversity be measured? An application using the French publishing industry," Journal of Cultural Economics, Springer, vol. 31(2), pages 85-107, June. [Downloadable!] (restricted)
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