Abstract
This 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.
Original language | English |
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Pages (from-to) | 1657-1661 |
Number of pages | 5 |
Journal | Applied Economics Letters |
Volume | 17 |
Issue number | 17 |
DOIs | |
Publication status | Published - Nov 2010 |
Externally published | Yes |