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EconomistsTalkArt.org

Research-based policy analysis and commentary

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April 2017

THE PRINCESS OF ASTURIAS FOUNDATION OR HOW A NON-PROFIT INSTITUTION CAN BE EFFICIENT

By Víctor Fernández-Blanco and Ana Rodríguez-Álvarez

Competition and the internal logic of markets induce cultural firms and institutions to be efficient when market oriented. But, what happens in the case of non-profit organizations? They are beyond the market and their internal logic does not guarantee economic efficiency. In our article we explore the technical and allocative efficiency of The Princess of Asturias Foundation and confirm its good performance over the years.

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CULTURALLY-BIASED VOTING IN THE EUROVISION SONG CONTEST: DO NATIONAL CONTESTS DIFFER?

By Julia Pannicke and Oliver Budzinski

Regarding the Eurovision Song Contest (ESC) there are numerous controversies about discriminating and tactical voting. People vote for their neighbor countries and for countries with cultural similarities instead of evaluating simply the musical performance. If these biases were caused by the diversity of the different countries, voting biases should be less important for a national music contest with substantially more homogenous contestants. The question arises of whether biased voting occurs as well. Do national contests differ regarding their voting behavior? Is biased voting maybe unavoidable?

Continue reading “CULTURALLY-BIASED VOTING IN THE EUROVISION SONG CONTEST: DO NATIONAL CONTESTS DIFFER?”

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