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Attention to art and culture goes far back in the history of economic thought. In the seventeenth century those activities were viewed suspiciously as likely to be either wasteful extravagances of the aristocracy, or dangerous distractions for the working classes. Eighteenth century economic...
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The Economics of Superstars sets out to explain the relationship between talent and success in the arts, but there is …
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This chapter considers economic issues and trends in the rock and roll industry, broadly defined. The analysis focuses on concert revenues, the main source of performers' income. Issues considered include: price measurement; concert price acceleration in the 1990s; the increased concentration of...
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the economics of superstars and the winner-take-all nature of product success. We then survey the range of statistical …
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