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On the Perceived Quality of Movies

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  • Victor Ginsburgh
  • Sheila Weyers

Abstract

We address the question of the quality of movies produced between 1950 and 1970. A first outcome of our analysis is that the quality assessments made during the Cannes Festival, and to a lesser degree, by the U.S. Academy are short-lasting. In contrast to this, consumers seem consistent over time. There is, however, one issue on which experts agree as well as consumers: American movies dominate both in terms of commercial success and in terms of quality. There is less agreement, and sometimes there is even dissent concerning other dimensions. This does not come as a surprise and merely indicates that there is hardly a common yardstick along which the quality of a movie can be measured. Therefore, decomposing a work of art into quantifiable characteristics – even in a subjective but possibly unanimous way – would make it possible to explain the divergences between audiences and changes of appreciation over time. Copyright Kluwer Academic Publishers 1999

Suggested Citation

  • Victor Ginsburgh & Sheila Weyers, 1999. "On the Perceived Quality of Movies," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 23(4), pages 269-283, November.
  • Handle: RePEc:kap:jculte:v:23:y:1999:i:4:p:269-283
    DOI: 10.1023/A:1007596132711
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    References listed on IDEAS

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    1. Gabszewicz, Jean Jaskold & Thisse, Jacques-Francois, 1986. "On the Nature of Competition with Differentiated Products," Economic Journal, Royal Economic Society, vol. 96(381), pages 160-172, March.
    2. 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.
    3. Kelvin J. Lancaster, 1966. "A New Approach to Consumer Theory," Journal of Political Economy, University of Chicago Press, vol. 74, pages 132-132.
    4. De Vany, Arthur S & Walls, W David, 1997. "The Market for Motion Pictures: Rank, Revenue, and Survival," Economic Inquiry, Western Economic Association International, vol. 35(4), pages 783-797, October.
    5. Mohanbir S. Sawhney & Jehoshua Eliashberg, 1996. "A Parsimonious Model for Forecasting Gross Box-Office Revenues of Motion Pictures," Marketing Science, INFORMS, vol. 15(2), pages 113-131.
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    Cited by:

    1. Alexis Dantec & Florence Levy, 2005. "Stars et box office : un état des approches théoriques et empiriques," Documents de Travail de l'OFCE 2005-13, Observatoire Francais des Conjonctures Economiques (OFCE).
    2. Fernanda Gutierrez-Navratil & Victor Fernandez-Blanco & Luis Orea & Juan Prieto-Rodriguez, 2014. "How do your rivals’ releasing dates affect your box office?," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 38(1), pages 71-84, February.
    3. Marco Haan & S. Dijkstra & Peter Dijkstra, 2005. "Expert Judgment Versus Public Opinion – Evidence from the Eurovision Song Contest," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 29(1), pages 59-78, February.
    4. repec:dgr:rugsom:03f12 is not listed on IDEAS
    5. Elisabetta Lazzaro, 2006. "Assessing Quality in Cultural Goods: The Hedonic Value of Originality in Rembrandt's Prints," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 30(1), pages 15-40, March.
    6. Francesco Angelini & Massimiliano Castellani, 2017. "Cultural and economic value: A (p)review," Working Paper series 17-10, Rimini Centre for Economic Analysis, revised Jan 2018.
    7. Françoise Benhamou & Olivier Gergaud & Nathalie Moureau, 2009. "Le financement du cinéma par la télévision : une analyse économétrique des investissements des chaînes," Economie & Prévision, La Documentation Française, vol. 0(2), pages 101-112.
    8. Azuela Flores José Ignacio & Fernandez Blanco Víctor & Sanzo Pérez María José, 2012. "The effects of critics reviews on movie demand," Contaduría y Administración, Accounting and Management, vol. 57(2), pages 201-222, abril-jun.
    9. Sangho KIM & Donghyun PARK, 2010. "Addictive behavior in cinema demand: evidence from Korea," Economic Growth Centre Working Paper Series 1002, Nanyang Technological University, School of Social Sciences, Economic Growth Centre.
    10. Jose Ignacio Azuela Flores & Victor Fernandez-Blanco & Maria Jose Sanzo-Perez, 2012. "Movie reviews: Who are the readers?," ACEI Working Paper Series AWP-03-2012, Association for Cultural Economics International, revised May 2012.
    11. repec:bla:coecpo:v:35:y:2017:i:2:p:269-277 is not listed on IDEAS
    12. Ralf Dewenter & Michael Westermann, 2005. "Cinema Demand In Germany," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 29(3), pages 213-231, August.
    13. Allègre Hadida, 2010. "Commercial success and artistic recognition of motion picture projects," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 34(1), pages 45-80, February.
    14. Durand, Rodolphe & Hadida, Allègre L., 2016. "Logic combination and performance across occupational communities: The case of French film directors," Journal of Business Research, Elsevier, vol. 69(7), pages 2371-2379.
    15. Victor Ginsburgh & Sheila Weyers, 2002. "Does the motion picture indusrtry have the television it deserves," ULB Institutional Repository 2013/152098, ULB -- Universite Libre de Bruxelles.
    16. M. Rimscha, 2013. "It’s not the economy, stupid! External effects on the supply and demand of cinema entertainment," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 37(4), pages 433-455, November.
    17. Cuccia, Tiziana, 2009. "A Contingent Ranking Study on the Preferences of Tourists across Seasons/A Contingent Ranking Study on the Preferences of Tourists across Seasons," Estudios de Economía Aplicada, Estudios de Economía Aplicada, vol. 27, pages 161-176, Abril.
    18. Erwin Dekker, 2015. "Two approaches to study the value of art and culture, and the emergence of a third," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 39(4), pages 309-326, November.
    19. Natalia Gmerek, 2015. "The determinants of Polish movies’ box office performance in Poland," Journal of Marketing and Consumer Behaviour in Emerging Markets, University of Warsaw, Faculty of Management, vol. 1(1), pages 15-35.
    20. repec:eee:joreco:v:33:y:2016:i:c:p:72-81 is not listed on IDEAS
    21. repec:dgr:rugccs:200305 is not listed on IDEAS

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    Keywords

    motion picture; quality measures in art;

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