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Gergaud, Olivier; Verardi, Vincenzo - Maison des Sciences Économiques, Université Paris 1 … - 2006

When studying the problem of the emergence of superstars, scholars face great difficulties in measuring talent … of outliers (superstars). In this paper we use an original dataset from the Pokemon trading card game in which (i) there …. This allows to identify superstars, i.e. individuals that are sold at a price which represents several times their …

Persistent link: https://www.econbiz.de/10005696828

The weightless economy in economic development

Quah, Danny - London School of Economics (LSE) - 1999

Can the increasing significance of knowledge-products in national income - the growing weightless economy - influence economic development? Those technologies reduce ''distance'' between consumers and knowledge production. This paper analyzes a model embodying such a reduction. The model shows...

Persistent link: https://www.econbiz.de/10010884693

Does globalization create superstars? A simple theory of managerial wages

Gersbach, Hans; Schmutzler, Armin - In: European Economic Review 71 (2014) C, pp. 34-51

To examine the impact of globalization on managerial remuneration, we consider a matching model where firms compete both in the product market and in the managerial market. We show that globalization, i.e., the simultaneous integration of product markets and managerial pools, leads to an...

Persistent link: https://www.econbiz.de/10010939667

Rockonomics: The Economics of Popular Music,

Connolly, Marie; Krueger, Alan - Industrial Relations Section, Department of Economics - 2005

Persistent link: https://www.econbiz.de/10010928267

The Effect of Superstar Software on Hardware Sales in System Markets

Binken, J.L.G.; Stremersch, S. - Erasmus Research Institute of Management (ERIM), ERIM … - 2008

only lasts for 5 months, and make, if need be, side-payments to software firms, as superstars dramatically increase … hardware sales. Obtaining exclusivity over superstars, by hardware firms, does not provide an extra boost to their own sales …

Persistent link: https://www.econbiz.de/10005288805

Extraordinary Wealth, Globalization, and Corruption

Torgler, Benno; Piatti, Marco - Center for Research in Economics, Management and the … - 2009

The billionaires of the world attract significant attention from the media and the public. The popular press is full of books selling formulas on how to become rich. Surprisingly, only a limited number of studies have explored empirically the determinants of extraordinary wealth. Using a large...

Persistent link: https://www.econbiz.de/10005344267

Why Are Migrants Paid More?

Bryson, Alex; Rossi, Giambattista; Simmons, Rob - Centre for Economic Performance, LSE - 2012

In efficient global labour markets for very high wage workers one might expect wage differentials between migrant and domestic workers to reflect differences in labour productivity. However, using panel data on worker-firm matches in a single industry over a seven year period we find a...

Persistent link: https://www.econbiz.de/10010535361

Press Pass: Payoffs to Media Exposure Among National Football League (NFL) Wide Receivers

Treme, Julianne; Allen, Samuel K. - In: Journal of Sports Economics 12 (2011) 3, pp. 370-390

The authors examine Wide Receivers drafted into the National Football League (NFL) to test competing superstar theories related to both talent and popularity. The authors use player performance variables and media exposure in the popular press prior to the draft to explore whether talent and...

Persistent link: https://www.econbiz.de/10009294530

Superstars and the Long Tail: The impact of technology on market structure in media industries

Weeds, Helen - C.E.P.R. Discussion Papers - 2011

Technological change is transforming creative media industries. Digitisation lowers recording, storage, reproduction and distribution costs, while computer-based editing facilitates higher quality and special effects. With electronic distribution a vast range of content can be made available to...

Persistent link: https://www.econbiz.de/10009399708

Trade, Superstars, and Welfare

Kukharskyy, Bohdan - Wirtschafts- und Sozialwissenschaftliche Fakultät, … - 2012

In recent decades, many countries experienced both a rise in top income shares and an increase of income inequality among the top earners. In this paper, I study the role of international trade as a catalyst for this development and analyze the associated welfare effects. I build a simple...

Persistent link: https://www.econbiz.de/10010555916

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