This study estimated energy, environmental and consumer economic impacts of U.S. Federal residential energy efficiency standards that became effective in the 1988-2001 period or will take effect by the end of 2007. These standards have been the subject of in-depth analyses conducted as part of...

This article responds to Baines and Hager’s recent critique of the capital-aspower model of the stock market. Proposed by Bichler and Nitzan, this model seeks to explain how financial crises are tied to the concept of "systemic fear". Bichler and Nitzan tested their initial model on US data,...

"In Hollywood, the goals of art and business are entangled. Directors, writers, actors and idealistic producers aspire to make the best films possible. These aspirations often interact with the dominant firms that control Hollywood film distribution. This control of distribution is crucial, as...

This paper builds an empirical and theoretical model to analyze how the financial goal of risk reduction changed the insides of Hollywood's star system. For the moviegoer looking at Hollywood cinema from the outside, the function of the star system has remained the same since the 1920s: to have...

A recent New Political Economy article by Baines and Hager (2020) critiqued Shimshon Bichler and Jonathan Nitzan's capital-as-power (CasP) model of the stock market (Bichler & Nitzan, 2016). Bichler and Nitzan's model of the stock market seeks to explain how financial crises are tied to the...

This paper investigates the historical development of risk in the Hollywood film business. Using opening theatres as a proxy for future expectations, the paper demonstrates how, from 1981 to 2011, Hollywood has improved its ability to predict the financial rankings of its films. More...

This paper seeks to explain why Hollywood's dominant firms are narrowing the scope of creativity in the contemporary period (1980–2015). The largest distributors have sought to prevent the art of filmmaking and its related social relations from becoming financial risks in the pursuit of...