431
Views
26
CrossRef citations to date
0
Altmetric
Original Articles

Increasing returns to information and the survival of broadway theatre productions

Pages 639-643 | Published online: 21 Aug 2006
 

Abstract

Many similarities exist between films and live theatre. Examination of the relationship between the log rank of a Broadway show and the number of performances reveals a significant departure from the Pareto distribution. This matches findings made for the corresponding relationship between log rank and film revenues. Using models of duration it is shown that a variety of characteristics, including genre, determine the number of performances on Broadway and whether the show is in receipt of prestigious awards. These findings are also similar to those for films except for the fact that as the duration of a run increases, the hazard rate declines. This is consistent with a situation when individuals base decisions on which show to attend partially on the observed length of a theatrical run. Over time theatrical productions are tending to survive longer in the market place and original shows tend to outlast revivals.

Log in via your institution

Log in to Taylor & Francis Online

PDF download + Online access

  • 48 hours access to article PDF & online version
  • Article PDF can be downloaded
  • Article PDF can be printed
USD 53.00 Add to cart

Issue Purchase

  • 30 days online access to complete issue
  • Article PDFs can be downloaded
  • Article PDFs can be printed
USD 205.00 Add to cart

* Local tax will be added as applicable

Related Research

People also read lists articles that other readers of this article have read.

Recommended articles lists articles that we recommend and is powered by our AI driven recommendation engine.

Cited by lists all citing articles based on Crossref citations.
Articles with the Crossref icon will open in a new tab.