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Category: Blog/Featured

Is Hollywood running out of risk?

Posted On November 30, 2015September 23, 2021 By D. T. Cochrane1 Comment

Shimshon Bichler and Jonathan Nitzan Repost from Real-World Economics Review Blog If we are to believe the conventional creed, Hollywood films are highly risky investments. According to De Vany, revenue forecasts have zero precision, which is just a way of saying that ‘anything can happen’. . . . The ‘nobody knows’ principle . . . […]

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