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Films

In: Economics of Art and Culture

Author

Listed:
  • Bruno S. Frey

    (University of Basel)

Abstract

The success of a film is impossible to predict. A few of them are financially successful, while most of them are not. Actors are crucial to a film’s success. As in other parts of the performing arts, a few superstars are greatly admired and highly compensated in a winner-take-all market while most of the other actors earn little. Consumers have many direct substitutes on which to spend their time and money: television, home video, DVD, internet, computer games, musical performances, and popular sport events such as football. Those with lower income and fewer time constraints tend to view mass films, while high-quality movies are mostly viewed by well-educated young city-dwellers.

Suggested Citation

  • Bruno S. Frey, 2019. "Films," SpringerBriefs in Economics, in: Economics of Art and Culture, chapter 0, pages 71-76, Springer.
    • Handle: RePEc:spr:spbchp:978-3-030-15748-7_9
    DOI: 10.1007/978-3-030-15748-7_9
    as

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