Research-based policy analysis and commentary
By Christian Peukert
Digitization has made a large impact on the cultural industries in the past 20 years. With a new wave of technologies arriving, it will be important to understand the economic implications of data and artificial intelligence that complements, or perhaps substitutes for human creativity with regards to cultural participation, copyright and the industrial organization of culture.
Continue reading “DATA-DRIVEN CULTURE, ARTIFICIAL INTELLIGENCE AND MACHINE CREATIVITY”
By Juan D. Montoro-Pons and Manuel Cuadrado-García
Is there any link between religiousness and participation in the arts? This work identifies two dimensions of religiousness and estimates the impact these have on highbrow and lowbrow cultural participation. Evidence supports religiosity both as a means of building social relations (increasing participation in the arts) and of self-expression and attachment to a set of norms (decreasing arts consumption). Continue reading “RELIGION AND CULTURAL PARTICIPATION: WHAT THE EVIDENCE SHOWS”
By Mina Dragouni and Nikos Georgantzis
Despite the increasing popularity of community-inclusive, bottom-up management in the field of cultural heritage, researchers on the subject still face the challenge of limited naturally-occurring data of participatory processes. This hinders the systematic study on the subject, which would be necessary for informing implementation to the real world. Is there any other way to gather relevant data and escape from this vicious circle? Well, we’d better start experimenting! Literally.
Continue reading “USING EXPERIMENTS TO ADDRESS PARTICIPATORY MANAGEMENT OF CULTURAL HERITAGE”
By Jeffrey Pompe, Lawrence Tamburri and Johnathan Munn
Symphony orchestras have increasingly relied on flexible ticket subscriptions and higher ticket prices for revenue generation. We found that relying on flexible ticket subscriptions may decrease total ticket sales. We discuss how more flexible subscription sales combined with higher ticket prices can have deleterious effects on symphony orchestra finances.
Continue reading “DOUBLE JEOPARDY – MORE FLEXIBLE SUBSCRIPTION TICKETS AND HIGHER TICKET PRICES”
An Application of ‘Consumption Capital Theory’ to Serial Media Content
By Christian Opitz and Kay H. Hofmann
The appeal of movie continuations clearly is in the eye of the beholder. While loyal fans tend to praise them, the average cineaste is often skeptical of sequels and other serial media content. Nevertheless, leveraging proven storylines in the form of so-called ‘franchises’ has become an omnipresent phenomenon in Hollywood. We study the determinants of sequel success off the beaten track by applying ‘consumption capital theory’ to movie franchises. Our empirical results point to the explanatory power of the proposed framework and may help industry executives to improve the profitability of sequel projects. Continue reading “EXPLAINING THE CONTROVERSIAL APPEAL OF MOVIE FRANCHISES”
By Hendrik Sonnabend
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”
Recent Comments