Handbook of the Economics of Art and Culture [Hardcover]

This volume emphasizes the economic aspects of art and culture, a relatively new field that poses inherent problems for economics, with its quantitative concepts and tools. Building bridges across disciplines such as management, art history, art philosophy, sociology, and law, editors Victor Ginsburgh and David Throsby assemble chapters that yield new perspectives on the supply and demand for artistic services, the contribution of the arts sector to the economy, and the roles that public policies play. With its focus on culture rather than the arts, Ginsburgh and Throsby bring new clarity and definition to this rapidly growing area.

• Presents coherent summaries of major research in art and culture, a field that is inherently difficult to characterize with finance tools and concepts
• Offers a rigorous description that avoids common problems associated with art and culture scholarship
• Makes details about the economics of art and culture accessible to scholars in fields outside economics

1. Introduction and overview??? Victor A. Ginsburgh and David Throsby

PART I. Value and evaluation in art and culture

2. Creative genius in literature, music and the visual arts??? Dean Keith Simonton

3. Contemporary experimental aesthetics: Procedures and findings? Paul J. Locher

4. The economic and cultural value of paintings: Some empirical evidence?? David Throsby and Anita Zednik

5. Values of music Jerrold Levinson

6. The economics of cultural awards??? James F. English

7. The use of stated preference methods to value cultural heritage??? Ken G. Willis

PART II. Demand, consumption and investment

8. Bestsellers and blockbusters: Movies, mlÓq