Search results for "Cachet"

Signaux qualitatifs et phénomène de star

2000

The superstar phenomenon describes a situation wherein few artists dominate the activity in which they engage and earn significant amounts of money. Most of models, trying to explain this phenomenon, take place clearly on the product market where artists provide ultimate and consumers. We adopt here a different approach by taking place on the labour market regrouping artists (whose the services are production factors) and employers (the producers of cultural products) and we demonstrate that die strategies, consisting in minimizing search costs under contraint of quality maximisation, can work towards explaining the emergence of a very unequal distribution of artistic incomes. In order to m…