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Evolutionary Concept, Genetic Algorithm and Exhibition Contract in Movie Industry

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Author Info
Ch'ng, Kean Siang

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Abstract

The paper is about application of evolutionary concept, particularly the application of natural selection process, to the study of movie industry. The importance of the application is that it allows for the heterogeneity and interdependency of market agents in analyzing the economic choice decision. This complexity always presents an obstacle to the study of market behavior, especially when one has to take into account the constant reinforcing effects among the variables, which often renders the problem elusive. The paper intends to explain the economic process, taking into account this complexity through the use of evolutionary concept.

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File URL: http://mpra.ub.uni-muenchen.de/5138/
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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 5138.

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Date of creation: 03 Oct 2007
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Handle: RePEc:pra:mprapa:5138

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Related research
Keywords: Evolutionary selection opportunity costs learning and sharing rule

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Find related papers by JEL classification:
C63 - Mathematical and Quantitative Methods - - Mathematical Methods and Programming - - - Computational Techniques
L21 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Business Objectives of the Firm
D71 - Microeconomics - - Analysis of Collective Decision-Making - - - Social Choice; Clubs; Committees; Associations

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  1. Darlene C. Chisholm, 1993. "Asset Specificity and Long-Term Contracts: The Case of the Motion-Pictures Industry," Eastern Economic Journal, Eastern Economic Association, vol. 19(2), pages 143-155, Spring. [Downloadable!]
  2. Darren Filson & David Switzer & Portia Besocke, 2005. "At the Movies: The Economics of Exhibition Contracts," Economic Inquiry, Oxford University Press, vol. 43(2), pages 354-369, April. [Downloadable!] (restricted)
  3. Weinstein, Mark, 1998. "Profit-Sharing Contracts in Hollywood: Evolution and Analysis," Journal of Legal Studies, University of Chicago Press, vol. 27(1), pages 67-112, January.
  4. De Vany, Arthur & Walls, W David, 1996. "Bose-Einstein Dynamics and Adaptive Contracting in the Motion Picture Industry," Economic Journal, Royal Economic Society, vol. 106(439), pages 1493-1514, November. [Downloadable!] (restricted)
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This page was last updated on 2008-10-6.

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