Download e-book for iPad: A Handbook of Cultural Economics by Ruth Towse

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By Ruth Towse

ISBN-10: 1848448872

ISBN-13: 9781848448872

'A instruction manual of Cultural Economics is the definitive consultant to cultural economics. brief, obtainable articles by way of major students within the box speedy convey the reader in control and aspect them within the correct path for destiny examine. the recent variation brings the sphere to the leading edge and is a must-have for a person drawn to economics and the insights it deals for figuring out pop culture and the arts.'
--Alex Tabarrok, George Mason collage and The self reliant Institute, US

Acclaim for the 1st edition:

'Ruth Towse is to be congratulated on assembling this type of top of the range diversity of writers on cultural economics and on orchestrating their contributions so expertly. From anthropology and auctions via copyright and superstars to visible arts and welfare economics, students and normal readers alike will become aware of during this Handbook an soaking up compendium of entries protecting the most topics of a desirable sub-discipline.'
--Martin Ricketts, collage of Buckingham, UK

The moment version of this commonly acclaimed and commonly pointed out number of unique contributions via professional authors displays alterations within the box of cultural economics during the last 8 years. completely revised chapters along new issues and members carry the instruction manual brand new, taking into consideration new study, literature and the influence of latest applied sciences within the inventive industries.

The booklet covers a number of subject matters encompassing the artistic industries in addition to the economics of the humanities and tradition, and contains chapters on: the economics of paintings (including auctions, markets and prices), artists exertions markets, creativity and the inventive financial system, cultural districts, cultural price, globalization and overseas alternate, the net, media economics, museums, non-profit organisations, opera, functionality symptoms, appearing arts, publishing, law, tax charges and welfare economics.

This hugely counseled reference software might be warmly welcomed on quite a lot of classes within the fields of economics, enterprise, administration, arts administration and cultural and media studies.

Contributors: H. Abbing, okay. Acheson, okay. Alford, O. Ashenfelter, W.J. Baumol, F. Benhamou, M. Blaug, L. Bonet, A.E. Burke, S. Cameron, D.C. Chisholm, F. Colbert, T. Cowen, T. Cuccia, G. Doyle, J. Farchy, V. Fernandez-Blanco, B.S. Frey, V. Ginsburgh, okay. Graddy, C.M. grey, J. Heilbrun, A. Henten, C. Hjorth-Andersen, M. Hutter, W.M. Landes, L. Levy-Garboua, W.A. Luksetich, C. Maule, I. Mazza, C. Montmarquette, D. Netzer, J. O'Hagan, G. Pignataro, J. Prieto-Rodriguez, I. Rizzo, F. Rochelandet, M. Rushton, D. Sagot-Duvauroux, W. Santagata, G.G. Schulze, B.A. Seaman, J.D. Snowball, M. Taalas, R. Tadayoni, D. Throsby, R. Towse, M. Trimarchi, D. Urrutiaguer, O. Velthuis, N.M. Wijnberg, G. Withers

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Extra resources for A Handbook of Cultural Economics

Sample text

To make sure the seller bears some of the cost of auctioning but not selling an item, auctioneers usually charge the seller a fee on unsold items. This fee is often a percentage of the reserve price set by the seller, which obviously gives the seller an incentive to keep the reserve price low. In addition, some auction houses will not allow a seller to put up an easily recognized item for resale until some time has passed. Sometimes it is claimed that when an advertised item goes unsold its future value will be affected.

1969), ‘Welfare Economics and Public Subsidies to the Arts’, Manchester School of Economic and Social Studies, 37 (4), 323–35. Reprinted in Towse (1997), pp. 501–13. Ramsey, Frank (1927), ‘A Contribution to the Theory of Taxation’, Economic Journal, 37, 47–61. Samuelson, Paul A. (1954), ‘The Pure Theory of Public Expenditure’, Review of Economics and Statistics, 36, November, 387–9. ), The Economics of the Arts, Aldershot, UK: Gregg Revivals, pp. 58–69. Smith, Adam (1776), An Inquiry Into the Nature and Causes of The Wealth of Nations, London.

Indd 18 19/05/2011 16:33 2 Art auctions Orley Ashenfelter and Kathryn Graddy Works of art and culture are sold by many means. These include transactions between dealers and their customers, auctions with open outcry, and even, occasionally, sealedbid auctions. However, the standard procedure for establishing art valuations is most commonly the English auction, where prices ascend in open bidding. 1 Sotheby’s, Christie’s, Phillips and the other English auction houses have invented and refined these rules over two centuries, and they are now common in many other parts of the world.

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A Handbook of Cultural Economics by Ruth Towse

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