Recommended readings (Machine generated): Alan Kirman (1993), 'Ants, Rationality, and Recruitment', Quarterly Journal of Economics, 108 (1), February, 137-56 -- Sherwin Rosen (1981), 'The Economics of Superstars', American Economic Review, 71 (5), December, 845-58 -- Israel M. Kirzner (1997), 'Entrepreneurial Discovery and the Competitive Market Process: An Austrian Approach', Journal of Economic Literature, 35 (1), March, 60-85 -- Ulrich Witt (2001), 'Learning to Consume - A Theory of Wants and the Growth of Demand', Journal of Evolutionary Economics, 11 (1), January, 23-36 -- A.T. Peacock (1994), 'Welfare Economics and Public Subsidies to the Arts', Journal of Cultural Economics, 18 (2), June, 151-61 -- Tyler Cowen (1996), 'Why I Do Not Believe in the Cost-Disease: Comment on Baumol', Journal of Cultural Economics, 20 (3), 207-14 -- Tyler Cowen and Alexander Tabarrok (2000), 'An Economic Theory of Avant-Garde and Popular Art, or High and Low Culture', Southern Economic Journal, 67 (2), October, 232-53 -- Bryan Caplan and Tyler Cowen (2004), 'Do We Underestimate the Benefits of Cultural Competition?', American Economic Review, 94 (2), May, 402-7 -- Richard Swedberg (2006), 'The Cultural Entrepreneur and the Creative Industries: Beginning in Vienna', Journal of Cultural Economics, 30 (4), December, 243-61 -- Elizabeth Currid (2007), 'The Economics of a Good Party: Social Mechanics and the Legitimization of Art/Culture', Journal of Economics and Finance, 31 (3), Fall, 386-94 -- Michael Hutter (2011), 'Infinite Surprises: On the Stabilization of Value in the Creative Industries', in Jens Beckert and Patrik Aspers (eds), The Worth of Goods: Valuation and Pricing in the Economy, Chapter 9, Oxford, UK and New York, NY: Oxford University Press, 201-20 -- Gary B. Magee (2005), 'Rethinking Invention: Cognition and the Economics of Technological Creativity', Journal of Economic Behavior and Organization, 57 (1), May, 29-48 -- R. Alexander Bentley (2009) 'Fashion versus Reason in the Creative Industries', in Michael J. O'Brien and Stephen J. Shennan (eds), Innovation in Cultural Systems: Contributions from Evolutionary Anthropology, Chapter 8, Cambridge, MA and London, UK: MIT Press, 121-26 -- John Hartley and Lucy Montgomery (2009), 'Fashion as Consumer Entrepreneurship: Emergent Risk Culture, Social Network Markets, and the Launch of Vogue in China', Chinese Journal of Communication, 2 (1), March, 61-76 -- John Banks and Jason Potts (2010), 'Co-creating Games: A Co-evolutionary Analysis', New Media and Society, 12 (2), March, 253-70 -- Jason Potts, John Hartley, John Banks, Jean Burgess, Rachel Cobcroft, Stuart Cunningham and Lucy Montgomery (2008), 'Consumer Co-creation and Situated Creativity', Industry and Innovation, 15 (5), October, 459-74 -- Richard E. Caves (2003), 'Contracts between Art and Commerce', Journal of Economic Perspectives, 17 (2), Spring, 73-84 -- John Quiggin (2013), 'The Economics of New Media', in John Hartley, Jean Burgess and Axel Bruns (eds), A Companion to New Media Dynamics, Chapter 5, Malden, MA: Wiley-Blackwell, 90-103 -- Arthur De Vany and W. David Walls (1996), 'Bose-Einstein Dynamics and Adaptive Contracting in the Motion Picture Industry', Economic Journal, 106 (439), November, 1493-514.