Search

EconomistsTalkArt.org

Research-based policy analysis and commentary

EconomistsTalkArt.org SHARES ITS SUCCESS AND ENTHUSIASM INTO THE NEW YEAR

Editorial Board

untitled

ETA was launched in November 2015 to provide a space for the dissemination of research-based policy analysis and commentary by cultural economists. After a full year of activities, we are happy to have published 21 posts. The enthusiasm is shared by our many followers who visited the blog over 10,000 times. Continue reading “EconomistsTalkArt.org SHARES ITS SUCCESS AND ENTHUSIASM INTO THE NEW YEAR”

VOLATILITY OF PRICE INDICES FOR HETEROGENEOUS GOODS WITH APPLICATIONS TO THE FINE ART MARKET

Fabian Bocart and Christian Hafner

bacon

Understanding the behavior of art prices is important to precisely anticipate the financial benefits of owning art. So far, a very common approach in the scientific literature is to assume that all artworks follow a common, deterministic path. What happens if we reverse the perspective assuming that art prices behave randomly?

Continue reading “VOLATILITY OF PRICE INDICES FOR HETEROGENEOUS GOODS WITH APPLICATIONS TO THE FINE ART MARKET”

FAIRNESS CONSIDERATIONS IN THE LIVE MUSIC INDUSTRY

 Hendrik Sonnabend

decapitated_live__klub_studio_krakow_poland_june_5th_2012

Traditional economic thinking presumes artists in the live music business to act like a monopolist who adjusts the ticket price to variations in demand whenever it is possible. This contribution provides strong evidence indicating that they do not. I argue that this behavior can best be explained with fairness expectations on the part of concert attendees. Continue reading “FAIRNESS CONSIDERATIONS IN THE LIVE MUSIC INDUSTRY”

THE ARTWORK BEHIND YOU – LET’S TALK ABOUT STATUS

Claudia Schnugg and Johannes Lehner

office-1590844_1280

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

jaimeruizgutierrez1

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

phone

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”

Blog at WordPress.com.

Up ↑

%d bloggers like this: