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Profit-Sharing Versus Fixed-Payment Contracts: Evidence From the Motion Pictures Industry

Profit-Sharing Versus Fixed-Payment Contracts: Evidence From the Motion Pictures Industry The choice between sharing and fixed-payment compensation schemes is examined using data on contracts from the motion pictures industry. Several competing explanations are explored, including moral hazard mitigation, risk sharing, liquidity constraints, and the superstar phenomenon. Detailed descriptive statistics are presented, and qualitative variation in contracting clauses is analyzed within this industry's institutional setting. © 1997 by Oxford University Press « Previous | Next Article » Table of Contents This Article JLEO (1997) 13 (1): 169-201. » Abstract Free Full Text (PDF) Free Classifications Articles Services Article metrics Alert me when cited Alert me if corrected Find similar articles Similar articles in Web of Science Add to my archive Download citation Request Permissions Citing Articles Load citing article information Citing articles via CrossRef Citing articles via Scopus Citing articles via Web of Science Citing articles via Google Scholar Google Scholar Articles by Chisholm, D. C. Search for related content Related Content Load related web page information Share Email this article CiteULike Delicious Facebook Google+ Mendeley Twitter What's this? Search this journal: Advanced » Current Issue August 2015 31 (3) Alert me to new issues The Journal About this journal Rights & Permissions Dispatch date of the next issue We are mobile – find out more Journals Career Network Impact Factor: 1.205 5-Yr impact factor: 1.444 Editor-in-Chief Wouter Dessein View full editorial board For Authors Instructions to authors Author self-archiving policy Submit now! Submitting Supplementary Data Alerting Services Email table of contents Email Advanced Access CiteTrack XML RSS feed Corporate Services Advertising sales Reprints Supplements var taxonomies = ("LAW00010", "SOC00450", "SOC00720", "SOC01280"); Most Most Read Hierarchies and Bureaucracies: On the Role of Collusion in Organizations Contract Law and the State of Nature Incentives in Markets, Firms, and Governments The quality of government Juvenile Delinquency and Conformism » View all Most Read articles Most Cited Administrative Procedures as Instruments of Political Control The quality of government Multitask Principal-Agent Analyses: Incentive Contracts, Asset Ownership, and Job Design The Economic Role of Political Institutions: Market-Preserving Federalism and Economic Development Collective Decisionmaking and Standing Committees: An Informational Rationale for Restrictive Amendment Procedures » View all Most Cited articles Disclaimer: Please note that abstracts for content published before 1996 were created through digital scanning and may therefore not exactly replicate the text of the original print issues. All efforts have been made to ensure accuracy, but the Publisher will not be held responsible for any remaining inaccuracies. If you require any further clarification, please contact our Customer Services Department. Online ISSN 1465-7341 - Print ISSN 8756-6222 Copyright © 2015 Oxford University Press Oxford Journals Oxford University Press Site Map Privacy Policy Cookie Policy Legal Notices Frequently Asked Questions Other Oxford University Press sites: Oxford University Press Oxford Journals China Oxford Journals Japan Academic & Professional books Children's & Schools Books Dictionaries & Reference Dictionary of National Biography Digital Reference English Language Teaching Higher Education Textbooks International Education Unit Law Medicine Music Online Products & Publishing Oxford Bibliographies Online Oxford Dictionaries Online Oxford English Dictionary Oxford Language Dictionaries Online Oxford Scholarship Online Reference Rights and Permissions Resources for Retailers & Wholesalers Resources for the Healthcare Industry Very Short Introductions World's Classics function fnc_onDomLoaded() { var query_context = getQueryContext(); PF_initOIUnderbar(query_context,":QS:default","","JRN"); PF_insertOIUnderbar(0); }; if (window.addEventListener) { window.addEventListener('load', fnc_onDomLoaded, false); } else if (window.attachEvent) { window.attachEvent('onload', fnc_onDomLoaded); } var gaJsHost = (("https:" == document.location.protocol) ? "https://ssl." : "http://www."); document.write(unescape("%3Cscript src='" + gaJsHost + "google-analytics.com/ga.js' type='text/javascript'%3E%3C/script%3E")); try { var pageTracker = _gat._getTracker("UA-189672-16"); pageTracker._setDomainName(".oxfordjournals.org"); pageTracker._trackPageview(); } catch(err) {} http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png The Journal of Law, Economics, and Organization Oxford University Press

Profit-Sharing Versus Fixed-Payment Contracts: Evidence From the Motion Pictures Industry

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Publisher
Oxford University Press
Copyright
Copyright © 2015 Oxford University Press
ISSN
8756-6222
eISSN
1465-7341
DOI
jleo;13/1/169
Publisher site
See Article on Publisher Site

Abstract

The choice between sharing and fixed-payment compensation schemes is examined using data on contracts from the motion pictures industry. Several competing explanations are explored, including moral hazard mitigation, risk sharing, liquidity constraints, and the superstar phenomenon. Detailed descriptive statistics are presented, and qualitative variation in contracting clauses is analyzed within this industry's institutional setting. © 1997 by Oxford University Press « Previous | Next Article » Table of Contents This Article JLEO (1997) 13 (1): 169-201. » Abstract Free Full Text (PDF) Free Classifications Articles Services Article metrics Alert me when cited Alert me if corrected Find similar articles Similar articles in Web of Science Add to my archive Download citation Request Permissions Citing Articles Load citing article information Citing articles via CrossRef Citing articles via Scopus Citing articles via Web of Science Citing articles via Google Scholar Google Scholar Articles by Chisholm, D. C. Search for related content Related Content Load related web page information Share Email this article CiteULike Delicious Facebook Google+ Mendeley Twitter What's this? Search this journal: Advanced » Current Issue August 2015 31 (3) Alert me to new issues The Journal About this journal Rights & Permissions Dispatch date of the next issue We are mobile – find out more Journals Career Network Impact Factor: 1.205 5-Yr impact factor: 1.444 Editor-in-Chief Wouter Dessein View full editorial board For Authors Instructions to authors Author self-archiving policy Submit now! Submitting Supplementary Data Alerting Services Email table of contents Email Advanced Access CiteTrack XML RSS feed Corporate Services Advertising sales Reprints Supplements var taxonomies = ("LAW00010", "SOC00450", "SOC00720", "SOC01280"); Most Most Read Hierarchies and Bureaucracies: On the Role of Collusion in Organizations Contract Law and the State of Nature Incentives in Markets, Firms, and Governments The quality of government Juvenile Delinquency and Conformism » View all Most Read articles Most Cited Administrative Procedures as Instruments of Political Control The quality of government Multitask Principal-Agent Analyses: Incentive Contracts, Asset Ownership, and Job Design The Economic Role of Political Institutions: Market-Preserving Federalism and Economic Development Collective Decisionmaking and Standing Committees: An Informational Rationale for Restrictive Amendment Procedures » View all Most Cited articles Disclaimer: Please note that abstracts for content published before 1996 were created through digital scanning and may therefore not exactly replicate the text of the original print issues. All efforts have been made to ensure accuracy, but the Publisher will not be held responsible for any remaining inaccuracies. If you require any further clarification, please contact our Customer Services Department. Online ISSN 1465-7341 - Print ISSN 8756-6222 Copyright © 2015 Oxford University Press Oxford Journals Oxford University Press Site Map Privacy Policy Cookie Policy Legal Notices Frequently Asked Questions Other Oxford University Press sites: Oxford University Press Oxford Journals China Oxford Journals Japan Academic & Professional books Children's & Schools Books Dictionaries & Reference Dictionary of National Biography Digital Reference English Language Teaching Higher Education Textbooks International Education Unit Law Medicine Music Online Products & Publishing Oxford Bibliographies Online Oxford Dictionaries Online Oxford English Dictionary Oxford Language Dictionaries Online Oxford Scholarship Online Reference Rights and Permissions Resources for Retailers & Wholesalers Resources for the Healthcare Industry Very Short Introductions World's Classics function fnc_onDomLoaded() { var query_context = getQueryContext(); PF_initOIUnderbar(query_context,":QS:default","","JRN"); PF_insertOIUnderbar(0); }; if (window.addEventListener) { window.addEventListener('load', fnc_onDomLoaded, false); } else if (window.attachEvent) { window.attachEvent('onload', fnc_onDomLoaded); } var gaJsHost = (("https:" == document.location.protocol) ? "https://ssl." : "http://www."); document.write(unescape("%3Cscript src='" + gaJsHost + "google-analytics.com/ga.js' type='text/javascript'%3E%3C/script%3E")); try { var pageTracker = _gat._getTracker("UA-189672-16"); pageTracker._setDomainName(".oxfordjournals.org"); pageTracker._trackPageview(); } catch(err) {}

Journal

The Journal of Law, Economics, and OrganizationOxford University Press

Published: Apr 1, 1997

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