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Cultural capital and demand

Victoria M. Ateca-Amestoy ()

Economics Bulletin, 2007, vol. 26, issue 1, pages 1-9

Abstract: In this paper we develop a theoretical model that investigates the demand for cultural goods under the assumption of cultural capital and rational addiction. We also consider the effect of a policy intervention in order to raise the initial stock of cultural capital of a given individual, both on individual demand and on supply. Finally, we discuss on the effectiveness of such policies by translating our model to a dynamic framework.

Keywords: cultural capital; cultural policies.; demand for cultural goods (search for similar items in EconPapers)
JEL-codes: Z1 D0 (search for similar items in EconPapers)
Date: 2007-08-02
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Persistent link: http://EconPapers.repec.org/RePEc:ebl:ecbull:v:26:y:2007:i:1:p:1-9

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