Knowledge has always been at the heart of economic growth and development. It is disseminated chiefly through the different stages of education, R&D, the mass media and the translation industry. In Arab countries there has been a widespread impression that there is a low level of translation...

In recent years a growing number of studies have started to apply non-market valuation methods to estimate the economic value of cultural goods. The majority of these studies use stated preference techniques, such as the contingent valuation method. This study discusses the application of the...

Concert etiquette demands that audiences of classical concerts avoid inept noises such as coughs. Yet, coughing in concerts occurs more frequently than elsewhere, implying a widespread and intentional breach of concert etiquette. Using the toolbox of (behavioral) economics, we study the social...

Este artículo analiza el consumo cultural en Cali, con base en el cálculo de la elasticidad ingreso de la demanda de bienes y servicios culturales, a diferencia de estudios anteriores que utilizan datos agregados de educación y cultura. Empleando la Encuesta de Ingresos y Gastos de 2006-2007,...

Twenty years after the political turn we could assume that the Hungarian cultural policy has changed a lot as more and more arm’s length aspects are being implemented into the system. The establishment of cultural funds and the decentralization of the resource allocation from the central...

This paper presents a model of trading in unique durable assets that provide idiosyncratic payoffs, such as art, luxury real estate, and firm subsidiaries. Agents make purchase and sale decisions in an auction market based on their private use value of the asset and on the expected resale...

George Balanchine’s Serenade numbers among the choreographer’s most performed and best beloved ballets. The enduring appeal of the work is easy to grasp, with both seasoned balletomane and dance neophyte finding much to delight in, whether the fluidity and speed of the steps, the iconic...

In conventional wisdom, the reform of British copyright law during the eighteenth century brought an end to the monopoly on the sale of books held by the Stationers’ Company, and the resulting competition was one of the driving forces behind the expansion of British book production during...

We analyze the evolution of the price of paintings in the XVII century Amsterdam art market to test a hypothesis of endogenous entry: higher probability should attract more entry of painters, which in turn should lead to artistic innovations and more intense competition. We build a price index...

This paper reveals the results of the “Strengthening the information literacy skills of the library users at Scientific Library of the Academy of Economic Studies from Moldova” survey. The aim of the study was to identify the role of the library while developing information literacy skills...