Titlebook: Economics of Art and Culture; Bruno S. Frey Book 2019 The Author(s), under exclusive license to Springer Nature Switzerland AG 2019 Econom

灯丝

泰然自若

EWE

Superstar Museums and Special Exhibitionsimpact on the local economy. Superstar museums feature paintings by world-famous painters and prominent architectural design. Their income stems to a significant extent from the revenue of the museum bookshops and restaurants. Most art museums run a special exhibition of some sort. They attract new

初学者

Cultural Heritage form, but these are positive externalities. Not everything can be preserved, because this would block the further development of cities and regions. Many heritage goods have the property of a public good; people not paying a fee cannot be excluded from consumption. If the measured total benefits ar

残忍

eustachian-tube

Cultural Tourismor impact on the local economy, regions, and countries and are captured by impact studies. In contrast, the willingness-to-pay approach focuses on the net benefits created by visiting a cultural site. Many cultural sites tend to be overcrowded, leading to material damage to the structures, to a feel

AWL

Public Support of the Artss are caused by merit goods, external benefits in production and consumption, and public goods. People value the options, existence, bequest, education, and prestige connected to the arts. These failures seem to speak in favour of government stepping in. However, government intervention is also liab

Vasodilation

Economics of Art and Culture978-3-030-15748-7Series ISSN 2191-5504 Series E-ISSN 2191-5512

ANTIC

笨拙处理

Creative Cultural Economycterized by high entry cost, great uncertainty, and strongly knowledge-based and labour-intensive production. It uses advanced, often digitized technology. Technological change may lead to lock-in effects. As a consequence, switching from an older to a newer technology may incur significant costs.