Abstract

AbstractWe integrate information cascades and demand queue behaviors as they affect the distribution 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. Copyright © 2002 John Wiley & Sons, Ltd.

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