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What is the Economics of Art and Culture? -- The Social Value of Art -- Art Markets and Auctions -- The Artists' Labour …This book studies the relationship between the arts and the economy. By applying economic thinking to arts and culture … state in financing culture, and the relationship between the arts and happiness …
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Distortions in memory impose important bounds on rationality but have been largely disregarded in economics. While it is possible to learn, it is more difficult, and sometimes impossible, to unlearn. This retention effect lowers individual utility directly or via reduced productivity, and adds...
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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...
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The official intention of the UNESCO World Heritage List is to protect the global heritage. However, the existing List is highly imbalanced according to countries and continents. Historical reasons, such as historical GDP, population, and number of years of high civilization, have a significant...
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This paper analyzes whether hosting the most prestigious European cultural event, the European Capital of Culture, has …
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