Abstract
This paper examines whether commercial success in the popular recorded-music industry, as measured by gold-record output, conforms to an empirical concentration. We find that Lotka's Law overestimates the number of artists with one gold record and underestimates the number of multiplegold-record performing artists. However, for all measures of "successful" records, the Generalized Lotka's Law provides an excellent fit, which suggests that the number of performers producing n gold records in about 1/nc of those producing one gold record.
| Original language | English |
|---|---|
| Pages (from-to) | 333-340 |
| Number of pages | 8 |
| Journal | Journal of Cultural Economics |
| Volume | 19 |
| Issue number | 4 |
| DOIs | |
| State | Published - Dec 1995 |