Does Hollywood make too many R-Rated Movies? Risk, Stochastic Dominance, and the Illusion of Expectation.

This paper estimates the probability distribution of budgets, revenues, returns and profits to G-, PG-, PG13-, and R-rated movies. The distributions are non-Gaussian and show a self-similar stable Paretian form with non-finite variance and non-stationary mean.

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Year of publication:	2000
Authors:	De Vany, A. ; Walls, W.D.
Institutions:	California Irvine - School of Social Sciences
Subject:	FILM INDUSTRY \| EXPECTATIONS \| RISK \| MATHEMATICS

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Series:	California Irvine - School of Social Sciences.
Type of publication:	Book / Working Paper
Notes:	46 pages
Classification:	L82 - Entertainment; Media (Performing Arts, Visual Arts, Broadcasting, Publishing, etc.) ; D81 - Criteria for Decision-Making under Risk and Uncertainty ; D84 - Expectations; Speculations ; C60 - Mathematical Methods and Programming. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005486841