Teaching Cultural Economics
Show Less

Teaching Cultural Economics

Edited by Trine Bille, Anna Mignosa and Ruth Towse

Teaching Cultural Economics is the first book of its kind to offer inspiration and guidance for teaching cultural economics through short chapters, a wide scope of knowledge and teaching cases by experienced teachers who are expert in the topic.
Buy Book in Print
Show Summary Details
You do not have access to this content

Chapter 34: Film economics

Tylor Orme and Darlene C. Chisholm

Abstract

This chapter provides a framework for introducing the economics of film to students new to the field. The authors organize the presentation around the pre-cinematic stages of development, production and distribution. The development stage is characterized by a high degree of uncertainty; production costs entail significant economies of scale; and distribution strategies are influenced by the experience-good nature of films. Suggested classroom exercises and essay questions draw on students’ experiences as movie-goers, and on widely available data on motion-picture financial success. Exercises include predicting a film’s success, based on key film characteristics, such as director, actor and sequel status; essay questions explore the significance of asymmetric information between studios and consumers on a film’s quality.

You are not authenticated to view the full text of this chapter or article.

Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.

Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.

Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.


Further information

or login to access all content.