Consumer Choice and the Popular Music Industry: A Test of the Superstar Theory

Abstract

The superstar model predicts skewness of market outcomes and returns to artist quality. We test and confirm these predictions using a unique data set on popular music.

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Crain, W.M., Tollison, R.D. Consumer Choice and the Popular Music Industry: A Test of the Superstar Theory. Empirica 29, 1–9 (2002). https://doi.org/10.1023/A:1014651130414

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  • consumer choice
  • pop music
  • superstars