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

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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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Authors and Affiliations

  1. Buchanan Center, George Mason University, Fairfax, VA, 22030, U.S.A

    W. Mark Crain

  2. School of Business, University of Mississippi, University, MS, 38677, U.S.A

    Robert D. Tollison

Authors
  1. W. Mark Crain
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  2. Robert D. Tollison
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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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  • DOI: https://doi.org/10.1023/A:1014651130414

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