Over the past few years, the landscape of top-class gastronomy has empirically changed: some celebrity chefs are returning their hard-won awards to instead provide low-cost food while others work tirelessly to gain access to the inner circle of international top-class restaurants. Things are...

We build a model inspired by the standard hedonic approach developed by Rosen (1974) and completed by Landon and Smith (1997, 1998) to analyse the price of French vaulting stallion semen in 2004. We show that reputation, modelled as an endogenous factor, plays a less important role than...

We build a model inspired by the standard hedonic approach developed by Rosen (1974) and completed by Landon and Smith (1997, 1998) to analyse the price of French vaulting stallion semen in 2004. We show that reputation, modelled as an endogenous factor, plays a less important role than...

This compelling book offers a fresh and novel approach to study cultural and artistic expression from the perspective of ‘the commons’. It demonstrates how identifying cultures as shared resources is useful in eliciting the main factors and social dilemmas affecting the production...