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Category Archives: Z1

Reel Representation: The Economic Impact of Gender on Bollywood Box Office Revenue

by Sidharth Ravi Abstract  The Hindi Film Industry, known as Bollywood, is seen as a gatekeeper of Indian culture. Annually thousands of films are produced, half a million workers across India are employed and millions in revenue is created. Although Bollywood has ensured increased employment and wage opportunities for women on and off screen, the […]

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Religious Identity and Climate-Sustainable Behavior

by Zixin “Finnie” Zhao Abstract What motivates individual action on climate change? The study focuses on the potential influence of religious identities. It employs a laboratory experiment to investigate how priming religious identity affects individuals’ donation behaviors to climate versus non-climate charities in a dictator game setting. In contrast with expectations, this study finds no […]

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Arts Organizations and Community Socioeconomic Development

by Madeleine Reinhard Abstract This paper studies the effects of arts organizations on local socioeconomic development at the U.S. ZIP code tabulation area (ZCTA) level. While prior studies have qualitatively examined the impact of the arts industry or artistic individuals on their communities, few have approached this question econometrically, and even fewer have investigated the […]

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Tale of Two Cities An Econometric Analysis of East & West Coast Fine Art Galleries

by Daniella Victoria Paretti Abstract In a 2021 report published alongside Art Basel and UBS, renowned cultural economist Dr. Clare McAndrew posited that the value of art sales in 2020 amounted to an impressive $50 billion (although this actually marks an over 10-year low). It is no secret that the global art markets are extremely […]

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User Loyalty and Willingness to Pay for a Music Streaming Subscription

By Nell Jones    Music streaming has increased industry revenue and displaced piracy, but limited profits for artists. In this thesis, I examine user loyalty to streaming platforms, focusing on the asset specificity of features and estimating what users are willing to pay for each of these features. A structural equation model of survey data […]

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Investigating the Costs of Religious Observance: Cross-Country Analysis of Islamic Banking

By Myla Swallow and Richard Vargo This study regresses key variables that influence the profitability of Conventional and Islamic banks as measured by Return on Average Assets, to determine the impact of Islamicity on the profitability of the banks in a given country. The study compares 36564 banks in 77 countries belonging to both Islamic […]

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Does Media Coverage of Sexual Assault Cases Cause Victims to Go to the Police? Evidence from FBI Data and Google Trends

By Harry Elworthy This paper investigates the effect that national news coverage of prominent sexual assaults has on the reporting decisions of sexual assault victims. Estimates are based on time series data of reports made to police stations in the US from 2008 to 2016 and Google Trends data of search volume, along with an […]

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Increased Foreign Revenue Shares in the United States Film Industry: 2000 – 2014

By Victoria Lim The American film industry, which has historically been driven by the domestic market, now receives an increasing proportion of its revenue from abroad (foreign share). To determine the factors influencing this trend, this paper analyzed data from 11 countries of 2,337 American films released during 2000 – 2014. Both film and country attributes were analyzed to determine each attribute’s effect on foreign share, whether its effect size has changed over time and whether each attribute […]

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Optimal Ordering in Sequential English Auctions: A Revenue-Comparison Model for 18th Century Art Auctions in London and Paris

By Amaan Mitha We develop a model based on several auction parameters to test the widely held notion that in a sequential English auction, it is optimal for the seller to arrange the lots in order of decreasing value. We test this model against two datasets of 18th century auctions, one of various auctions from […]

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Understanding the Role of the Arts and Women in the Economy: The Contributions of Creative Literature.

by Danielle P. Petrilli Abstract  This article considers the role of the arts and women in the economy from the late 19th into the early 20th century. Throughout this time period, the economics discipline did very little to address the place of either the arts or women in the modernizing economy and what little was […]

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