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Gaffeo, Edoardo ; Scorcu, Antonello E. ; Vici, Laura
(2008)
Demand Distribution Dynamics in Creative Industries: the Market for Books in Italy.
Bologna:
Dipartimento di Scienze economiche DSE,
p. 24.
DOI 10.6092/unibo/amsacta/4617.
In: Quaderni - Working Paper DSE
(630).
ISSN 2282-6483.
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Abstract
We study the distribution dynamics of the demand for books in Italy. We find that for each of three broad sub-markets in which the book publishing industry can be classified − Italian novels, foreign novels and essays − sales over a three-year sample can be adequately fitted by a power law distribution. Our results can be plausibly interpreted in terms of a model of interactions among buyers exchanging information on the books they buy.
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