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|a Economics of Art and Culture
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|a Intro -- Preface -- Contents -- Introduction -- 1 What Is the Economics of Art and Culture? -- 1.1 A Challenging Discipline -- 1.2 The Scientific Approach -- 1.3 Fascinating Issues -- 1.3.1 Does the Market Produce Bad Art? -- 1.3.2 Can Arts Policy Be Left to Democracy? -- 1.4 Conclusion -- Related Literature -- Aspects -- 2 The Social Value of Art -- 2.1 Contrasting Views -- 2.1.1 Impact Studies -- 2.1.2 Capturing Non-market Benefits of Art -- 2.1.3 Different Views -- 2.1.4 Evaluation -- 2.2 Conclusion -- Related Literature -- 3 Art Markets and Auctions -- 3.1 Producers and Consumers of Art -- 3.2 Equilibrium Between Supply and Demand -- 3.3 Auctions -- 3.4 Types of Art Market Risks -- 3.4.1 Risks Inherent in Works of Art -- 3.4.2 Unexpected Market Changes -- 3.4.3 Behavioural Anomalies -- 3.5 Why Do People Invest in Art? -- 3.5.1 Diversification -- 3.5.2 Biased Information -- 3.5.3 Taxation and Money Laundering -- 3.5.4 Conspicuous Consumption and Art Investment -- 3.5.5 Love of Art -- 3.6 Conclusion -- Related Literature -- 4 The Artists' Labour Market -- 4.1 Starving or Rich Artists? -- 4.2 Why Do People Become Artists? -- 4.3 Who Is an Artist? -- 4.4 Income -- 4.5 Awards -- 4.6 Superstars and Winner-Take-All Markets -- 4.7 Creativity -- 4.7.1 Personal Creativity -- 4.7.2 Institutional Creativity -- 4.8 Are Artists Really Unhappy? -- 4.9 Conclusion -- Related Literature -- 5 Reproductions in Art -- 5.1 Contrasting Views on Copies and Fakes -- 5.1.1 The Moral View -- 5.1.2 The Legal View -- 5.1.3 The Art Historic View -- 5.2 Beneficial Aspects of Imitations -- 5.2.1 Copies Provide Utility -- 5.2.2 Artistic Capital Is Promoted -- 5.2.3 Supporting Creativity -- 5.3 Harmful Aspects of Imitations -- 5.3.1 Demand Side -- 5.3.2 Supply Side -- 5.4 What to Do? -- 5.5 Conclusion -- Related Literature -- Areas -- 6 Creative Cultural Economy.
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|a Cultural Economics
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|a Arts-Economic aspects
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