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EconomistsTalkArt.org

Research-based policy analysis and commentary

THE ARTWORK BEHIND YOU – LET’S TALK ABOUT STATUS

Claudia Schnugg and Johannes Lehner

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Art can be beautiful and demanding, it can induce aesthetic pleasures, represent values and ideas or challenge ways of seeing. These personal experiences with art allow individuals to communicate their identity with the artworks they like. But artworks as decoration of offices do not only communicate identity, they also point to status. Continue reading “THE ARTWORK BEHIND YOU – LET’S TALK ABOUT STATUS”

ARTS MANAGEMENT KNOWLEDGE IN A LATIN-AMERICAN CONSTRUCTIVE PERSPECTIVE

Jaime Ruiz-Gutiérrez

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The creation and production of knowledge has been a monopole of industrialized economies. Their economic conditions are the guaranty to provide the better conditions to reach a privileged status. Generally, knowledge creation processes tend to have a predominant ethnocentric focus, in which so-called rich country or developed economy perspectives have prevailed. However, there are disciplinary subjects where the production of knowledge can be influenced not only by economic conditions but by cultural aspects as well. Arts management knowledge is a good example to support this proposition presented in the present post.

Continue reading “ARTS MANAGEMENT KNOWLEDGE IN A LATIN-AMERICAN CONSTRUCTIVE PERSPECTIVE”

VOLATILE ART AUDIENCES

Koen van Eijck

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Cultural consumers are increasingly hard to pin down as a certain type of consumer with a clearly defined taste. In addition, younger generations show a declining interest in canonized art forms. At the same time, government support for the arts is being reduced in many countries, including the Netherlands, and consumers too have less to spend on art. What are the consequences of this situation for cultural policy makers, producers and venues? Continue reading “VOLATILE ART AUDIENCES”

GOING MEANS TROUBLE AND STAYING MAKES IT DOUBLE: THE VALUE OF LICENSING RECORDED MUSIC ONLINE

Christian Handke, Balász Bodó and Joan-Josep Vallbé

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A longstanding and divisive debate rages over copyright enforcement online. This article discusses an alternative approach of a copyright compensation system (CCS) floated mostly by legal scholars. The few economists paying any attention have been skeptical. This article should change that. It provides solid evidence that a CCS for recorded music could more than double rights holder revenues from sales of recorded music while leaving consumers better off at the same time. Continue reading “GOING MEANS TROUBLE AND STAYING MAKES IT DOUBLE: THE VALUE OF LICENSING RECORDED MUSIC ONLINE”

INSPIRING LOUVRE OR TATE? SUBJECTIVE WELL-BEING AND ENGAGEMENT IN ARTS, CULTURE AND SPORT

Daniel Wheatley and Craig Bickerton

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Does engagement in art, culture and sport have positive effects on our well-being? This research contributes to our understanding of the positive leisure experience, and cultural value, derived from engagement in arts, cultural and sporting activities. Findings indicate that the use or ‘quality’ of leisure time, rather than simply quantity, has relevance in deriving positive experiences, and is indicative of activities which exhibit a number of ‘cultural characteristics’ delivering benefits even when engaged with less frequently.

Continue reading “INSPIRING LOUVRE OR TATE? SUBJECTIVE WELL-BEING AND ENGAGEMENT IN ARTS, CULTURE AND SPORT”

SOMEBODY MUST KNOW SOMETHING!

John Sedgwick and Mike Pokorny

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William Goldman, the screenwriter of Butch Cassidy and the Sundance Kid, posited that ‘nobody knows anything’ about the financial risks associated with the film industry, elevated by the Harvard professor Richard Caves to the ‘nobody knows’ principle.  Our research suggests otherwise: analysis of the tremendous economic success of film studios over the past 100 years suggests to us that film making is not such a risky business and that somebody would seem to know something!

Continue reading “SOMEBODY MUST KNOW SOMETHING!”

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