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Description - Hollywood Economics by Arthur De Vany

Just how risky is the movie industry? Is screenwriter William Goldman's claim that "nobody knows anything" really true? Can a star and a big opening change a movie's risks and return? Do studio executives really earn their huge paychecks? These and many other questions are answered in Hollywood Economics. The book uses powerful analytical models to uncover the wild uncertainty that shapes the industry. The centerpiece of the analysis is the unpredictable and often chaotic dynamic behaviour of motion picture audiences. This unique and important book will be of interest to students and researchers involved in the economics of movies, industrial economics and business studies. The book will also be a real eye-opener for film writers, movie executives, finance and risk management professionals as well as more general movie fans.

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Book Details

ISBN: 9780415312615
ISBN-10: 0415312612
Format: Paperback
(234mm x 156mm x 25mm)
Pages: 328
Imprint: Routledge
Publisher: Taylor & Francis Ltd
Publish Date: 25-Sep-2003
Country of Publication: United Kingdom

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Author Biography - Arthur De Vany

Arthur De Vany is Professor Emeritus of Economics at the University of California, Irvine and President of Arts Analytica, a consulting company specializing in energy, motion pictures and risk-return analysis.

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