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Economics of Art and Culture: Invited Papers at the 12th International Conference of the Association of Cultural Economics International Vol: 260

Product Details
18 Dec 2003
Emerald Group Publishing Limited
260 pages - 156 x 234 x 16mm
Contributions to Economic Analysis


This volume contains a large selection of the invited papers given at the Twelfth Conference of the Association of Cultural Economics International held in Rotterdam in 2002. Two sessions were devoted to what came to be called the cultural industries (movies, television, media, etc.). Two dealt with the history of art and music markets. The last two were more policy oriented. One was devoted to the management of built heritage which becomes larger every year, and will be in need of more and more public funding. The invited speakers in the last session had spent, or are still spending, some or most of their time in the "real world," and try to discuss how cultural economists can contribute to alleviate the hard life of those who have to manage culture. Choices necessarily meant that many fields in which active research is alive were not dealt with, in particular, the contemporary functioning of art markets, artists' labor markets, museums and their management, aesthetic choices and tastes, the meaning of quality in the arts, etc. In this volume, the papers given in the six sessions are reshuffled and grouped into three parts: the cultural industries, historical aspects, and policy issues including the management heritage.
1. Motion picture directors: luck, talent and rewards (A. De Vany). 2. Independent film finance, Pre-sale agreements, and the distribution of film earnings (F.W. Rusco, W.D. Walls). 3. Are they all crazy or just risk averse? Some movie puzzles and possible solutions (S.A. Ravid). 4. Measuring the cultural discount in the price of exported U.S. television programs (S. McFadyen, C. Hoskins, A. Finn). 5. Attitudes toward advertising and price competition in the press industry (J.J. Gabszewicz, D. Laussel, N. Sonnac). 6. Art dealers in Holland (J.M. Montias). 7. Auctioning paintings in late seventeenth-century London: rules, segmentation and prices in an emergent market (N. De Marchi). 8. Music as a commodity: creating a market in eighteenth-century London (R. McGuinnes). 9. The test of time: does 20th century American art survive? (W. Landes). 10. The credibility of cultural economists' advice to governments (A. Peacock). 11. Quantifying quality and other problems (T. Mason). 12. Who owns cultural goods? The case of built heritage (F. Benhamou). 13. The relationship between regional and national policies in the arts (R. Rizzo). 14. Making a list: information as a tool of historic preservation (J.M. Schuster).

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