Managerial Objectives, the R-Rating Puzzle and the Production of Violent Films

Managerial Objectives, the R-Rating Puzzle and the Production of Violent Films
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管理目标、R级之谜和暴力电影的制作

DOI:
10.1086/381638
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发表时间:
2003
期刊:
Risk Management
影响因子:
--
通讯作者:
Suman Basuroy
Suman Basuroy
中科院分区:
--
文献类型:
--
作者:
S. Ravid;Suman Basuroy

文献摘要

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我们分析了电影行业的项目选择,发现了与收入最大化和过度对冲一致的证据。我们专注于制作暴力电影和以性和暴力为特色的电影。我们发现,这类电影不会带来超额回报,但它们会增加收入,特别是在国际市场上。此外,他们往往会赔钱。
We analyze project choice in the motion pictures industry and find evidence consistent with revenue maximization and excessive hedging. We focus on the production of violent films and films that feature sex and violence. We find that such movies do not provide excess returns, but they increase revenues, particularly in the international market. Further, they tend to lose money