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.- Presents coherent summaries of major research in art and culture, a field that is inherently difficult to characterize with finance tools and concepts- Offers a rigorous description that avoids common problems associated with art and culture scholarship- Makes details about the economics of art and culture accessible to scholars in fields outside economics
Table of Contents
1. Introduction and overview Victor A. Ginsburgh and David ThrosbyPART I. Value and evaluation in art and culture2. Creative genius in literature, music and the visual arts Dean Keith Simonton3. Contemporary experimental aesthetics: Procedures and findings Paul J. Locher4. The economic and cultural value of paintings: Some empirical evidence David Throsby and Anita Zednik5. Values of music Jerrold Levinson6. The economics of cultural awards James F. English7. The use of stated preference methods to value cultural heritage Ken G. WillisPART II. Demand, consumption and investment8. Bestsellers and blockbusters: Movies, music and books W.D. Walls9. New technologies and cultural consumption Jason Potts10. Investment in visual art: Evidence from international transactions Benjamin R. MandelPART III. Innovation and technological change11. Cultural innovation by cultural organizations Xavier Castañer12. Digitization, copyright, and the flow of new music products Joel Waldfogel13. The pricing of art and the art of pricing: Pricing styles in the concert industry Pascal Courty and Mario Pagliero14. Media ownership: Diversity versus efficiency in a changing technological environmentGillian DoylePART IV. Trade, development, and cultural diversity15. Cultural products in the international trading system P. Lelio Iapadre16. Cultural diversity, copyright and international trade Fiona Macmillan17. Trade and cultural diversity Alberto Bisin and Thierry Verdier18. Cultural diversity, conflict, and economic development José G. Montalvo and Marta Reynal-Querol19. Culture, linguistic diversity, and economics Victor Ginsburgh and Shlomo WeberPART V. Broader cultural issues20. National culture as value orientations: Consequences of value differences and cultural distance Shalom H. Schwartz21. Religion, culture, and development Gani Aldashev and Jean-Philippe Platteau22. Strategic interactions between modern law and custom Jean-Philippe Platteau and Zaki Wahhaj
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