What Is the Economics of Art and Culture?

Bruno Frey

Chapter Chapter 1 in Economics of Art and Culture, 2019, pp 3-11 from Springer

Abstract: Abstract The economics of art and culture is a fascinating and worthwhile subject. Its analysis is based on the economic way of thinking. It deals with a large number of diverse issues, such as how valuable art is to society, how the art market and auctions work, the specific characteristics of artists’ labour market, and the role of copies and fakes in art. Various areas of the arts and culture are analyzed, such as opera and theatre, festivals, films, museums, cultural heritage and cultural tourism. Finally, various aspects of the public support for the arts are studied, and it is shown that art makes people happy.

Keywords: Economics of Art; Economics of Culture; Cultural Economics; Economic approach; Non-user benefits; Non-economic values; Human motivation; Mass culture; Commercialization; Democracy; Market (search for similar items in EconPapers)
Date: 2019
References: Add references at CitEc
Citations: View citations in EconPapers (5)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:spbchp:978-3-030-15748-7_1

Ordering information: This item can be ordered from
http://www.springer.com/9783030157487

DOI: 10.1007/978-3-030-15748-7_1

Access Statistics for this chapter

More chapters in SpringerBriefs in Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().