Movie producers and the statistical distribution of achievement
AbstractThis article investigates De Vany's (2004) application of the Pareto distribution to the careers of actors and directors by considering a sample of movie producers. The results support the Pareto distribution for describing the 'number of films produced' and the 'sum of box office revenue' earned by a producer. The results suggest that a producer is more likely to produce another film as the number of films which they have already produced increases. Also, although an early career producer faces more chance of securing a further film by pure luck, an established producer greatly benefits from his/her previous success.
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Bibliographic InfoArticle provided by Taylor and Francis Journals in its journal Applied Economics Letters.
Volume (Year): 17 (2010)
Issue (Month): 17 ()
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