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Handbook of Cultural Economics, Third Edition

Edited by Ruth Towse, Professor of Economics of Creative Industries, CIPPM, Bournemouth University and CREATe Fellow in Cultural Economics, University of Glasgow, UK and Trilce Navarrete Hernandez, Lecturer Erasmus School of History, Erasmus University Rotterdam, the Netherlands
Cultural economics has become well established as a subject of interest for students and teachers of courses ranging from economics to arts administration as well as for policy-makers and practitioners in the creative industries. Digitisation has had a tremendous impact on many areas of the creative economy and the third edition of this popular book fully reflects it.

Extent: c 584 pp
Hardback Price: $315.00 Web: $283.50
Publication Date: March 2020
ISBN: 978 1 78897 579 7
Availability: Not yet published
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  • eISBN: 978 1 78897 580 3

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  • Economics and Finance
  • Cultural Economics
  • Industrial Organisation
  • Intellectual Property
  • Public Sector Economics
Cultural economics has become well established as a subject of interest for students and instructors of courses ranging from economics to arts administration as well as for policy-makers and practitioners in the creative industries. Digitization has had a tremendous impact on many areas of the creative economy and the third edition of this popular book fully reflects it.

The Handbook of Cultural Economics is an acknowledged leading source for students, teachers and others interested in finding out about the subject. Cultural economics covers a wide range of topics and they are reflected in the many short and accessibly written chapters. Each chapter is written by a specialist in the subject and offers both suggestions for further reading and cross-references to other related chapters in the book. It therefore combines accessibility with depth of knowledge. The intention of the book is to introduce the reader to the various topics and to testify to the strength of economics in explaining the economic aspects of the world of the arts and creative industries. The third edition demonstrates the huge impact that digitization has had on production and consumption in the sector.

While being accessible to any reader with a basic knowledge of economics, it presents a comprehensive study at the forefront of the field for students and teachers of economics, business economics, creative industries, and media and arts administration as well as for policy-makers.
‘Ruth Towse and Trilce Navarrete Hernandez are leading lights in cultural economics, and the third edition of the Handbook of Cultural Economics once again is the go-to source for research and wisdom in this area of research, impressive for both its depth and breadth.’
– Tyler Cowen, George Mason University, US
Contributors include: O. Ashenfelter, V. Ateca Amestoy, M. Bacache-Beauvallet, W. Baumol, P. Belleflamme, P.J. Benghozi, F. Benhamou, M. Blaug, T. Bille, K. Borowiecki, M. Bourreau, S. Cameron, D.C. Chisholm, F. Colbert, T. Cuccia, C. Dalla Chiesa, J. Denis, P. Di Caro, G. Doyle, J. Farchy, V. Fernandez-Blanco, B. Frey, O. Gergaud, V. Ginsburgh, M. Gómez-Vega, K. Graddy, A. Haddida, C. Handke, L.C. Herrero-Prieto, M. Hutter, W.M. Landes, M. Lavanga, Y.-H. Liu, I. Mazza, C. McAndrew, J. McKenzie, T. Navarrete, D. Netzer, J.W. O’Hagan, T.Orme, M. Peitz, J. Prieto-Rodriguez, H. Ranaivoson, M. Rushton, G. Schulze, B. Seaman, S. Shin, J. Snowball, D. Throsby, R. Towse, O. Velthuis, R. Watt, J.Waldfogel, G. Withers, M. Zieba

Contents:

Preface

Introduction
Ruth Towse and Trilce Navarrete

1. Applied welfare economics
William Baumol

2. Art Auctions
Orley Ashenfelter and Kathryn Graddy

3. Art dealers
Olav Velthuis

4. Artificial intelligence
Joëlle Farchy and Juliette Denis

5. Artists' labour markets
Trine Bille

6. Artists’ resale rights
Victor Ginsburgh Clare McAndrew

7. Artists’ rights
Michael Rushton

8. Broadcasting
Glenn Withers

9. Business models
Pierre Jean Benghozi

10. Contingent valuation
Tiziana Cuccia

11. Contract theory and information goods
Richard Watt

12. Copyright
William M. Landes

13. Cost of production
Víctor Fernández Blanco and Juan Prieto Rodríguez

14. Creative industries
Ruth Towse

15. Creativity
Karol Jan Borowiecki

16. Criticism
Samuel Cameron

17. Crowd-funding
Carolina Dalla Chiesa and Christian Handke

18. Cultural capital
David Throsby

19. Cultural districts
Mariangela Lavanga

20. Cultural diversity
Heritiana Ranaivoson

21. Cultural entrepreneurship
Mark Blaug and Ruth Towse

22. Cultural statistics
David Throsby

23. Cultural value
Jeanette Snowball

24. Demand
Jordi McKenzie and Sunny Y. Shin

25. Digital piracy
Jordi McKenzie

26. Digitization in the Cultural Industries
Joel Waldfogel

27. Economic impact of the arts
Bruce A. Seaman

28. Event cinema
Allegra Hadida

29. Festivals
Bruno S. Frey

30. Google trends data
Victor Ginsburgh and Olivier Gergaud

31. Heritage
Françoise Benhamou

32. Information goods
Michael Hutter

33. Intangible Cultural heritage
Tiziana Cuccia

34. Intermediaries
Paolo Di Caro, Luigi Di Gaetano and Isidoro Mazza

35. International trade
Günther G. Schulze
Introduction Ruth Towse and Trilce Navarrete

36. Marketing the arts
François Colbert

37. Media economics and regulation
Gillian Doyle

38. Motion-pictures industry
Darlene C. Chisholm and Yu-Hsi Liu

39. Museums
Víctor Fernández Blanco and Juan Prieto Rodríguez

40. Music industry
Christian Handke

41. Music publishing
Ruth Towse

42. Non-profit organisations
Dick Netzer (updated by Bruce A. Seaman)

43. Orchestras
Luis César Herrero-Prieto and Mafalda Gómez-Vega

44. Participation
Victoria Ateca-Amestoy

45. Performance indicators
Trilce Navarrete

46. Performing arts
Ruth Towse

47. Platforms
Maya Bacache-Beauvallet and Marc Bourreau

48. Political economy
Isidoro Mazza

49. Pricing the arts
Michael Rushton

50. Public support
Bruno S. Frey

51. Publishing
Trilce Navarrete

52. Ratings, reviews, and recommendations
Paul Belleflamme and Martin Peitz

53. Regulation of heritage
Ilde Rizzo

54. Superstars
Günther G. Schulze

55. Tax concessions
John O’Hagan

56. Theater
Marta Zieba

57. Video game industry
Tylor Orme

58. Welfare economics
Mark Blaug

Index