Cultural Economics And Cultural Policies

Cultural Economics and Cultural Policies offers a unique guide to the state of the art in cultural economics. First, it alerts scholars and students to the necessity for careful definition and measurement of the `cultural sector'. Second, it affords examp

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Cultural Economics and Cultural Policies Edited by

ALAN PEACOCK David Hume Institute. Edinburgh. Scotlond and

ILDE RIZZO

University o[ Catania. Catania. Italy

with contributions by Giorgio Brosio, Paul Burrows, Bruno Frey, Emilio Giardina, Isidoro Mazza, Gianftanco Mossetto, Alan Peacock, Giacomo Pignataro, llde Rizzo, Walter Santagata, David Throsby, Ruth Towse, MicheIe Trimarchi

SPRINGER SCIENCE+BUSINESS MEDIA, B.V.

A C.I.P. Catalogue record for this book is available from the Library of Congress.

ISBN 978-94-010-4499-8 ISBN 978-94-011-1140-9 (eBook) DOI 10.1007/978-94-011-1140-9

Printed on acid{ree paper

All Rights Reserved © 1994 Springer Science+Business Media Dordrecht Originally published by Kluwer Academic Publishers in 1994 Softcover reprint of the hardcover 1st edition 1994 No part of the material protected by this copyright notice may be reproduced or utilized in any form or by any means, electronic or mechanical, including photocopying, recording or by any information storage and retrieval system, without written permission from the copyright owner.

TABLE OF CONTENTS Editorial Foreword ............................................................................................ vii

by Alan Peacock and Ilde Rizzo Acknowledgments ............................................................................................. xi Notes on Contributors ...................................................................................... xii Section I : DEFINITIONS AND MEASUREMENT

1.

Art: The Economic Point of View ....................................................... 3

By Bruno Frey 2.

The Arts Industry: Problems of Measurement ............................... 17

3.

The Funding Process in a Comparative Perspective: Some Methodological Issues ............................................................. 23

By Giorgio Brosio

By Michele Trimarchi Section II: ANAL¥TICAL ISSUES

4.

A Microeconomic Analysis of Patronage and Sponsorship .......... 35

5.

Imperfect Information and Cultural Goods: Producers' and Consumers' Inertia ................................................. 55

By Isidoro Mazza

By Giacomo Pignataro

6.

A Work-Preference Model of Artist Behaviour .............................. 69

7.

The Economic Dilemma of Heritage Preservation ......................... 81

By David Throsby

By Gianfranco Mossetto

Section III : POLICY ISSUES

8.

Justice, Efficiency and Copyright in Cultural Goods ..................... 99

9.

Rights Allocation in the Contemporary Art Market: Copyright, 'Droit de Suite', 'Right to Exhibit' ............................... 111

By Paul Burrows

By Walter Santagata

10. Regulation in the Cultural Sector .................................................. 125

By Emilio Giardina and Ilde Rizzo

vi

Cultural Economics and Cultural Policies

11. Achieving Public Policy Objectives in the Arts and Heritage .............................................................................................. 143 By Ruth Tawse 12. The Design and Operation of Public Fund