Music Industry Indicators and Other Fun with Data
Thursday, March 17
5:00PM - 6:00PM
Austin Convention Center
531 E 4th St
In finance, researchers use data to create simple statistics, referred to as indicators, that provide guidance for investment professionals. I've brought these methods over to the music industry in order to create indicators that provide simple, distilled indices for what types of artists and genres are currently part of the cultural zeitgeist (and how the current picture compares to history) as well as other metrics such as industry concentration and artist longevity. I will give an overview of these metrics and show how they can be used and accessed. In addition, I will discuss how data can be used to evaluate the effects of policy changes and other business events.
Jodi is a lecturer in the economics department and the music department at Northeastern University in Boston, Massachusetts. Her focus is on bringing economic knowledge (especially behavioral econ...Show the rest
Jodi is a lecturer in the economics department and the music department at Northeastern University in Boston, Massachusetts. Her focus is on bringing economic knowledge (especially behavioral economics) to the music industry, and she is developing a required economics and consumer behavior course for the music industry program at Northeastern. In addition, Jodi conducts music industry research projects in both a laboratory and a field setting, and she is working on two books about the economics of the music industry (stories and anecdotes welcome!). In her nonexistent free time, Jodi blogs and creates videos for her web site, "Economists Do It With Models," as well as for About.com.Hide the rest