Rock and Roll Bands, (In)complete Contracts, and Creativity

Author:

Ceulemans Cédric1,Ginsburgh Victor2,Legros Patrick3

Affiliation:

1. ECARES, Université libre de Bruxelles.

2. ECARES, Brussels and CORE, Louvain-la-Neuve.

3. ECARES, Université libre de Bruxelles, Brussels, and CEPR, London.

Abstract

Members of a rock and roll band are endowed with different amounts of creativity. They match, compose songs, and share credit. The presence of more creative members increases the probability of success, but those more creative members may also claim a larger share of the pie. In our theoretical model, the nature of matching as well as the covariation between the probability of success and the allocation of credit among individual members are a function of the completeness of contracting. The data show that rock bands tend to enter into incomplete contracts and positive assortative matching.

Publisher

American Economic Association

Subject

Economics and Econometrics

Cited by 5 articles. 订阅此论文施引文献 订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献

1. For those about to rock… is stability a determinant of rock bands success?;Journal of Cultural Economics;2023-05-19

2. On the life cycles of successful rock bands;Quality & Quantity;2022-11-16

3. The Sociology of Creativity: Elements, Structures, and Audiences;Annual Review of Sociology;2020-07-30

4. Bibliographie;Economie des arts et de la culture;2015-05-01

5. Breaking up is hard to do: the resilience of the rock group as an organizational form for creating music;Journal of Cultural Economics;2014-09-04

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