Economics of Art and Culture (SpringerBriefs in Economics)

This book studies the relationship between the arts and the economy. By applying economic thinking to arts and culture, it analyses markets for art and cultural goods, highlights specific facets of art auctions and discusses determinants of the economic success of artists. The author also sheds new light on various cultural areas, such as the performing and visual arts, festivals, films, museums and cultural heritage. Lastly, the book discusses cultural policies, the role of the state in financing culture, and the relationship between the arts and happiness. Front Matter ....Pages i-xi Front Matter ....Pages 1-1 What Is the Economics of Art and Culture? (Bruno S. Frey)....Pages 3-11 Front Matter ....Pages 13-13 The Social Value of Art (Bruno S. Frey)....Pages 15-20 Art Markets and Auctions (Bruno S. Frey)....Pages 21-29 The Artists’ Labour Market (Bruno S. Frey)....Pages 31-38 Reproductions in Art (Bruno S. Frey)....Pages 39-45 Front Matter ....Pages 47-47 Creative Cultural Economy (Bruno S. Frey)....Pages 49-51 The Performing Arts (Bruno S. Frey)....Pages 53-61 Festivals (Bruno S. Frey)....Pages 63-70 Films (Bruno S. Frey)....Pages 71-76 Museums (Bruno S. Frey)....Pages 77-88 Superstar Museums and Special Exhibitions (Bruno S. Frey)....Pages 89-95 Cultural Heritage (Bruno S. Frey)....Pages 97-102 UNESCO World Heritage List (Bruno S. Frey)....Pages 103-113 Cultural Tourism (Bruno S. Frey)....Pages 115-120 Front Matter ....Pages 121-121 Public Support of the Arts (Bruno S. Frey)....Pages 123-130 Does Art Make Us Happy? (Bruno S. Frey)....Pages 131-134