Value creation in fine arts : a system dynamics model of inverse demand and information cascades
By: CROSSLAND, Philip
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Contributor(s): SMITH, Faye L.
Material type: 
ArticlePublisher: 2002Subject(s): Cultural Industries | Information Cascades | Inverse Demand | System Dynamics | Value ChainStrategic Management Journal 23, 5, p. 417-434Abstract: We integrate information cascades and demand queue behaviors as they affect the distribuition of marginal value added in the value chain. We develop a system dynamics model of the relationships of Edward Marshall Boehm, Inc., a studio that creates hard-paste porcelain pieces of fine art sculpture. The relationships between information cascades, demand queues, and the distribution of marginal value added are applicable to other fine art settings and other industries
| Item type | Current location | Collection | Call number | Status | Date due | Barcode |
|---|---|---|---|---|---|---|
| Periódico | Biblioteca Graciliano Ramos | Periódico | Not for loan |
We integrate information cascades and demand queue behaviors as they affect the distribuition of marginal value added in the value chain. We develop a system dynamics model of the relationships of Edward Marshall Boehm, Inc., a studio that creates hard-paste porcelain pieces of fine art sculpture. The relationships between information cascades, demand queues, and the distribution of marginal value added are applicable to other fine art settings and other industries
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