Variety and Superstardom in Popular Music
AbstractThe recording industry for popular singers, 1955-87, consisted of a lower-end market for singles and a higher-end market for albums. The singles market acted as an entry-level quality filter for the album market. While this two-tier market system might have led to the 'superstar phenomenon' in the Marshall-Rosen sense, other nonquality factors, such as the singer's race or musical style, resulted in an imperfect quality filter, possibly explaining why the industry did not exhibit superstardom statistically. Copyright 1994 by Oxford University Press.
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Bibliographic InfoArticle provided by Western Economic Association International in its journal Economic Inquiry.
Volume (Year): 32 (1994)
Issue (Month): 3 (July)
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