A Handbook of Cultural Economics, Second Edition (Elgar Original Reference)

"The second edition of this widely acclaimed and extensively cited collection of original contributions by specialist authors reflects changes in the field of cultural economics over the last eight years. Thoroughly revised chapters alongside new topics and contributors bring the Handbook up to date, taking into account new research, literature and the impact of new technologies in the creative industries. The book covers a range of topics encompassing the creative industries as well as the economics of the arts and culture, and includes chapters on: the economics of art (including auctions, markets, prices and anthropology), artists' labour markets, creativity and the creative economy, cultural districts, cultural value, globalization and international trade, the Internet, media economics, museums, non-profit organizations, opera, performance indicators, performing arts, publishing, regulation, tax expenditures and welfare economics. This highly commended reference tool will be warmly welcomed on a wide range of courses in the fields of economics, business, management, arts management and cultural and media studies."--Provided by publisher.;Ch. 1. Application of welfare economics -- ch. 2. Art auctions -- ch. 3. Art dealers -- ch. 4. Art markets -- ch. 5. Art prices. The second edition of this widely acclaimed and extensively cited collection of original contributions by specialist authors reflects changes in the field of cultural economics over the last eight years. Thoroughly revised chapters alongside new topics and contributors bring the Handbook up to date, taking into account new research, literature and the impact of new technologies in the creative industries. The book covers a range of topics encompassing the creative industries as well as the economics of the arts and culture, and includes chapters on: the economics of art (including auctions, markets and prices), artists labor markets, creativity and the creative economy, cultural districts, cultural value, globalization and international trade, the Internet, media economics, museums, non-profit organizations, opera, performance indicators, performing arts, publishing, regulation, tax expenditures and welfare economics. This highly commended reference tool will be warmly welcomed on a wide range of courses in the fields of economics, business, management, arts management and cultural and media studies.Contributors: H. Abbing, K. Acheson, K. Alford, O. Ashenfelter, W.J. Baumol, F. Benhamou, M. Blaug, L. Bonet, A.E. Burke, S. Cameron, D.C. Chisholm, F. Colbert, T. Cowen, T. Cuccia, G. Doyle, J. Farchy, V. Fernandez-Blanco, B.S. Frey, V. Ginsburgh, K. Graddy, C.M. Gray, J. Heilbrun, A. Henten, C. Hjorth-Andersen, M. Hutter, W.M. Landes, L. Levy-Garboua, W.A. Luksetich, C. Maule, I. Mazza, C. Montmarquette, D. Netzer, J. O'Hagan, G. Pignataro, J. Prieto-Rodriguez, I. Rizzo, F. Rochelandet, M. Rushton, D. Sagot-Duvauroux, W. Santagata, G.G. Schulze, B.A. Seaman, J.D. Snowball, M. Taalas, R. Tadayoni, D. Throsby, R. Towse, M. Trimarchi, D. Urrutiaguer, O. Velthuis, N.M. Wijnberg, G. Withers Handbook of Cultural Economics is the definitive guide to cultural economics. Short, accessible articles by leading scholars in the field quickly bring the reader up to speed and point them in the right direction for future research. The new edition brings the field to the cutting edge and is a must have for anyone interested in economics and the insights it offers for understanding popular culture and the arts.Õ Ð Alex Tabarrok, George Mason University and The Independent Institute, US The second edition of this widely acclaimed and extensively cited collection of original contributions by specialist authors reflects changes in the field of cultural economics over the last eight years. Thoroughly revised chapters alongside new topics and contributors bring the Handbook up to date, taking into account new research, literature and the impact of new technologies in the creative industries. The book covers a range of topics encompassing the creative industries as well as the economics of the arts and culture, and includes chapters on: the economics of art (including auctions, markets and prices), artistsÕ labour markets, creativity and the creative economy, cultural districts, cultural value, globalization and international trade, the Internet, media economics, museums, non-profit organizations, opera, performance indicators, performing arts, publishing, regulation, tax expenditures and welfare economics. This highly commended reference tool will be warmly welcomed on a wide range of courses in the fields of economics, business, management, arts management and cultural and media studies Cover 1 Copyright 4 Contents 5 Contributors 9 Preface to the second edition 11 Introduction 13 1 Application of welfare economics 21 2 Art auctions 31 3 Art dealers 40 4 Art markets 45 5 Art prices 55 6 Artistic freedom 61 7 Artists’ labour markets 65 8 Artists’ rights 71 9 Awards 75 10 Baumol’s cost disease 79 11 Broadcasting 88 12 Cinema 98 13 Contingent valuation 102 14 Copyright 112 15 Costs of production 125 16 Creative economy 132 17 Creative industries 137 18 Creativity 144 19 Criticism 150 20 Cultural capital 154 21 Cultural districts 159 22 Cultural entrepreneurship 165 23 Cultural statistics 170 24 Cultural tourism 178 25 Cultural value 184 26 Demand 189 27 Digitalization 202 28 Economic impact of the arts 213 29 Experience goods 223 30 Festivals 228 31 Globalization 232 32 Heritage 241 33 International trade 248 34 The Internet: culture for free 257 35 The Internet: economics 266 36 Management of the arts 273 37 Marketing the arts 278 38 Media economics and regulation 285 39 Motion pictures 294 40 Museums 302 41 The music industry 309 42 Non- profit organizations 316 43 Opera and ballet 325 44 Orchestras 332 45 Participation 338 46 Performance indicators 344 47 Performing arts 351 48 Poverty and support for artists 356 49 Pricing the arts 362 50 Principal–agent analysis 368 51 Public choice 374 52 Public support 382 53 Publishing 390 54 Regulation 398 55 Resale rights 406 56 Superstars 413 57 Tax concessions 420 58 Television 425 59 Theatre 432 60 Welfare economics 437 Index 443 Academic economists from Europe, North America, and Australia provide a broad reference on the economics of the creative and performing arts and the heritage and cultural industries, a field that used to be called the economics of the arts. The titles of the alphabetically arranged entries have been kept simple to facilitate use; cross- references and a detailed index point readers to related topics. The general themes are the economic characteristics of cultural goods, cultural policy, the finance of culture, and analytical approaches. The entry-specific bibliographies refer mostly to articles in technical journals. Annotation ©2003 Book News, Inc., Portland, OR