Handbook of the economics of art and culture

Bibliographic Information

Handbook of the economics of art and culture

edited by Victor A. Ginsburgh and David Throsby

(Handbooks in economics, 25)

North-Holland, Elsevier, 2006-

1st ed

  • v. 1
  • v. 2

Available at  / 84 libraries

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Note

2011 printing of v. 1 has misspelled editor's name: Vicktor A. Ginsburgh

Vol. 2 lacks series number

Includes bibliographical references and indexes

Description and Table of Contents

Volume

v. 1 ISBN 9780444508706

Description

Over the last 30 or 40 years, a substantial literature has grown up in which the tools of economic theory and analysis have been applied to problems in the arts and culture. Economists who have surveyed the field generally locate the origins of contemporary cultural economics as being in 1966, the year of publication of the first major work in modern times dedicated specifically to the economics of the arts. It was a book by Baumol and Bowen which showed that economic analysis could illuminate the supply of and demand for artistic services, the contribution of the arts sector to the economy, and the role of public policy. Following the appearance of the Baumol and Bowen work, interest in the economics of the arts grew steadily, embracing areas such as demand for the arts, the economic functions of artists, the role of the non-profit sector, and other areas. Cultural economics also expanded to include the cultural or entertainment industries (the media, movies, the publishing industry, popular music), as well as heritage and museum management, property right questions (in particular copyright) and the role of new communication technologies such as the internet. The field is therefore located at the crossroads of several disciplines: economics and management, but also art history, art philosophy, sociology and law. The Handbook is placed firmly in economics, but it also builds bridges across these various disciplines and will thus be of interest to researchers in all these different fields, as well as to those who are engaged in cultural policy issues and the role of culture in the development of our societies. It presents an overview of the history of art markets; addresses the value of art and consumer behavior toward acquiring art; and examines the effect of art on economies of developed and developing countries around the world.

Table of Contents

Part 1: Introduction. 1. Overview of the economics of arts and culture (V. Ginsburgh, David Throsby). Part 2: History. 2. Art and culture in the history of economic thought (C. Goodwin). 3. The history of art markets (N. De Marchi, H. van Miegroet). 4. The evolution of music markets (F.M. Scherer). Part 3: Value. 5. Defining cultural and artistic goods (R. McCain). 6. Value and the valuation of art in economic and aesthetic theory (M. Hutter, R. Shusterman). Part 4: Legal Issues. 7. The economic analysis of art law (W. Landes). 8. Copies of artworks. The case of paintings and prints (F. Benhamou, V. Ginsburgh). 9. Copyright, arts and the internet (P. Legros). 10. Censorship versus freedom of expression in the arts speech (T-J. Chiang, R. Posner). Part 5: Culture and the Economy. 11. On arts economics and the new economy (W. Baumol). 12. Culture and economic performance (M. Casson). 13. Culture and economic development (P. Streeten). Part 6: Consumption and Production. 14. Empirical studies of demand for the arts (B. Seaman). 15. Nonprofit firms in the performing arts (A. Brooks). 16. Creativity and the behaviour of artists (T. Bryant, D. Throsby). Part 7: Cultural Industries. 17. Organisation of arts and entertainment industries (R. Caves). 18. The media and advertising: A tale of two-sided markets (S. Anderson, J. Gabszewicz). 19. The movies (A. de Vany). 20. Rockonomics: The economics of popular music (A. Krueger, M. Connolly). 21. The economics of books (M. Canoy, F. van der Ploeg, Jan van Ours). Part 8: Labor Markets. 22. Artistic labour markets. Contingent work, excess supply and occupational risk management (P-M. Menger). 23. Artists' careers and labor markets (N. Alper, G. Wassall). 24. Human capital and artists' labour markets (R. Towse). 25. Stardom and talent (M. Adler). Part 9: Auctions and Prices. 26. Art auctions (O. Ashenfelter, K. Graddy). 27. The computation of price indices (V. Ginsburgh, J. Mei, M. Moses). Part 10: Heritage. 28. Cultural heritage. Economic analysis and public policy (I. Rizzo, D. Throsby). 29. The economics of museums (B. Frey, S. Meier). Part 11: Location. 30. Culture in urban and regional development (T. Bille, G. Schultze). 31. Cultural districts and their role in developed and developing economies (W. Santagata). Part 12: Policy. 32. The arts and economic policy (A.Peacock). 33. Culture in international trade (K. Acheson, C. Maule). 34. The making of cultural policy: a European perspective (F. van der Ploeg). 35. Cultural policy: an American view (D. Netzer). 36. Tax incentives in cultural policy (M. Schuster). 37. Philanthropy (S. Katz).
Volume

v. 2 ISBN 9780444537768

Description

This volume emphasizes the economic aspects of art and culture, a relatively new field that poses inherent problems for economics, with its quantitative concepts and tools. Building bridges across disciplines such as management, art history, art philosophy, sociology, and law, editors Victor Ginsburgh and David Throsby assemble chapters that yield new perspectives on the supply and demand for artistic services, the contribution of the arts sector to the economy, and the roles that public policies play. With its focus on culture rather than the arts, Ginsburgh and Throsby bring new clarity and definition to this rapidly growing area.

Table of Contents

1. Introduction and overview Victor A. Ginsburgh and David Throsby PART I. Value and evaluation in art and culture 2. Creative genius in literature, music and the visual arts Dean Keith Simonton 3. Contemporary experimental aesthetics: Procedures and findings Paul J. Locher 4. The economic and cultural value of paintings: Some empirical evidence David Throsby and Anita Zednik 5. Values of music Jerrold Levinson 6. The economics of cultural awards James F. English 7. The use of stated preference methods to value cultural heritage Ken G. Willis PART II. Demand, consumption and investment 8. Bestsellers and blockbusters: Movies, music and books W.D. Walls 9. New technologies and cultural consumption Jason Potts 10. Investment in visual art: Evidence from international transactions Benjamin R. Mandel PART III. Innovation and technological change 11. Cultural innovation by cultural organizations Xavier Castaner 12. Digitization, copyright, and the flow of new music products Joel Waldfogel 13. The pricing of art and the art of pricing: Pricing styles in the concert industry Pascal Courty and Mario Pagliero 14. Media ownership: Diversity versus efficiency in a changing technological environment Gillian Doyle PART IV. Trade, development, and cultural diversity 15. Cultural products in the international trading system P. Lelio Iapadre 16. Cultural diversity, copyright and international trade Fiona Macmillan 17. Trade and cultural diversity Alberto Bisin and Thierry Verdier 18. Cultural diversity, conflict, and economic development Jose G. Montalvo and Marta Reynal-Querol 19. Culture, linguistic diversity, and economics Victor Ginsburgh and Shlomo Weber PART V. Broader cultural issues 20. National culture as value orientations: Consequences of value differences and cultural distance Shalom H. Schwartz 21. Religion, culture, and development Gani Aldashev and Jean-Philippe Platteau 22. Strategic interactions between modern law and custom Jean-Philippe Platteau and Zaki Wahhaj

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