The nonprofit performing arts have received substantial attention in the cultural economics literature, and represent an interesting application for many areas of economic inquiry. This chapter surveys the relevant theory and the most prominent empirical studies on performing arts nonprofits....

Настоящий доклад посвящен теоретическим и практическим аспектам государственной поддержки культуры и искусства. В условиях сокращения бюджетных расходов на...

Cultural goods and services are inputs to ‘produce’ the leisure commodity, which is called cultural experience in the household ‘production function’ framework. In economic thought, the origin of such modeling can be traced back to the role assigned to cultural goods and services in...

Chapter 1: A Pragmatic approach to the arts -- Chapter 2: What values are, and how we learn to appreciate them -- Chapter 3: How Artists Imagine New Worlds -- Chapter 4: How the Audience, as Participant, Makes Worlds Real -- Chapter 5: Making Space for Cultural Civil Society.

Culture itself forms society's identity, social values, and formal and informal social relations. This strengthens social capital, which is based on community, citizenship, volunteerism, and social values. These aspects promote effective democratic governance, and thereby ensure economic growth...

Настоящий сборник посвящен теоретическим и практическим аспектам функционирования культурного сектора. Теоретические исследования сфокусированы вокруг трех...

Настоящий сборник посвящен теоретическим и практическим аспектам функционирования культурного сектора Теоретические исследования сфокусированы вокруг трех...

In the standard neoclassical model consumers use all the available information and the demand for goods depends exclusively on preferences and prices whereas other spurious information do not play any role. In the market for books, we investigate if - in contrast to the standard model - the...

I report historical prices and estimate financial returns to investing in rare books. My sample consists of 25 fiction titles recommended by Clifton Fadiman in his 1960 Lifetime Reading Plan. Relying on prices realized at American and British auction houses between 1975 and 2018, I use hedonic...

The dynamics of the art market is usually presented using price perspective, price indexes for the market and financial returns. In this paper the value and volume approach is proposed, that haven't been considered in aggregative way for a longer period of time in the literature. The...