Bose-Einstein dynamics and adaptive contracting in the motion picture industry

Article Abstract:

An analysis of the relationship of demand and supply dynamics in the motion picture industry with the distribution path of film revenues reveals the existence of a positive information feedback among film audiences that is reflected in the Bose-Einstein process. The examination also finds that the flexible supply adaptation of industry to such feedback generates higher returns. The Bose-Einstein process can give rise to information cascades, path dependent dynamics and superstars, which are all demonstrated by motion pictures.

Analysis, Supply and demand, Economics, Motion picture industry, Movie industry, Information theory, Information theory in economics, Bosons

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Futures versus share contracting as means of diversifying output risk

Article Abstract:

A comparison of futures trading with share contracting shows both will help commodity suppliers. These suppliers' use of these risk-pooling mechanisms help them manage risks associated with weather or factors specific to the locality or grower. The effect these risk-lowering techniques have on growers is discussed.

Research, Risk (Economics), Commodity futures

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Price Discrimination, 'Adjusted Concavity', and Output Changes under Conditions of Constant Elasticity

Article Abstract:

Output effects of third degree price discrimination under constant elasticity are examined. Lagrangean techniques show that monopsonistic discrimination always increases employment in input markets. Output is increased in monopolistic markets.

Prices and rates, Discrimination

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