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This paper surveys the literature on the economics of museums. It first discusses aspects of the demand and supply of museum services. The museum behaviour is then analysed from a neoclassical and a more institutional perspective. Public policy issues connected with museums are discussed. The...
Persistent link: https://www.econbiz.de/10005627872
In Europe, ever more private museums are now entering the field. This paper investigates the behavior of one of these private museums, using an institutional approach of cultural economics. The Beyeler museum in Basle, Switzerland, is a privately founded art museum with an extraordinary...
Persistent link: https://www.econbiz.de/10005627988
The paper takes a closer look at cultural festivals such as musical or operatic festivals. From an economic viewpoint the paper shows that such festivals offer great artistic and economic opportunities, but that at the same time these opportunities are also easy to destroy. Empirical evidence...
Persistent link: https://www.econbiz.de/10005760910
The artistic labor market is marked by several adversities, such as low wages, above-average unemployment, and constrained underemployment. Nevertheless, it attracts many young people. The number of students exceeds the available jobs by far. A potential explanation for this puzzle is that...
Persistent link: https://www.econbiz.de/10009358883
Famous cultural monuments are often regarded as unique icons, making them an attractive target for terrorists. Despite huge military and police outlays, terrorist attacks on important monuments can hardly be avoided. We argue that an effective strategy for discouraging terrorist attacks on...
Persistent link: https://www.econbiz.de/10005463528
This paper examines the role of religious denomination for human capital formation. We employ a unique data set which covers, inter alia, information on numerous measures of school inputs in 169 Swiss districts for the years 1871/72, 1881/82 and 1894/95, marks from pedagogical examinations of...
Persistent link: https://www.econbiz.de/10005627821
Trends in arts and culture tend to be longer-lasting and less fragile than in other fields such as clothing design … relative and absolute concentration in the television business. It is concluded that by being exposed to art and culture people …
Persistent link: https://www.econbiz.de/10005627866
commercial actitivities induced is measured by the so-called “impact effect”. On the other hand, the value of culture is …
Persistent link: https://www.econbiz.de/10005628008
This paper examines the role of geography and culture in explaining bankruptcy. We adopt survival analyses to model the …
Persistent link: https://www.econbiz.de/10005756643
Museums have many different goals beyond efficiency such as social equity, financial revenue, attracting donors and gaining international, regional or local prestige. Various pricing schemes are being discussed with the aim of reaching these goals. The classical ones are entry prices and free...
Persistent link: https://www.econbiz.de/10008516057