Edited by Ruth Towse, Professor of Economics of Creative Industries, CIPPM, Bournemouth University and CREATe Fellow in Cultural Economics, University of Glasgow, UK

• Contents:Preface to the Second EditionIntroductionRuth Towse1. Application of Welfare EconomicsWilliam J. Baumol2. Art Auctions Orley Ashenfelter and Kathryn Graddy3. Art Dealers Olav Velthuis4. Art Markets Olav Velthuis5. Art Prices Dominique Sagot-Duvauroux6. Artistic Freedom Michael Rushton7. Artists’ Labour Markets Françoise Benhamou8. Artists’ Rights Michael Rushton9. Awards Nachoem M. Wijnberg10. Baumol’s Cost Disease James Heilbrun11. Broadcasting Glenn Withers and Katrina Alford12. Cinema Samuel Cameron13. Contingent Valuation Tiziana Cuccia14. Copyright William M. Landes15. Costs of Production Mervi Taalas16. Creative Economy Tyler Cowen17. Creative Industries Ruth Towse18. Creativity Ruth Towse19. CriticismSamuel Cameron20. Cultural Capital David Throsby21. Cultural Districts Walter Santagata22. Cultural Entrepreneurship Mark Blaug and Ruth Towse23. Cultural Statistics David Throsby24. Cultural Tourism Lluís Bonet25. Cultural Value Jen D. Snowball26. Demand Louis Lévy-Garboua and Claude Montmarquette27. Digitalization Anders Henten and Reza Tadayoni28. Economic Impact of the Arts Bruce A. Seaman29. Experience Goods Michael Hutter30. Festivals Bruno S. Frey31. Globalization Keith Acheson32. Heritage Françoise Benhamou33. International Trade Günther G. Schulze34. The Internet: Culture for Free Joëlle Farchy35. The Internet: Economics Fabrice Rochelandet36. Management of the Arts François Colbert37. Marketing the Arts François Colbert38. Media Economics and Regulation Gillian Doyle39. Motion Pictures Darlene C. Chisholm40. Museums Víctor Fernández-Blanco and Juan Prieto-Rodríguez 41. The Music Industry Andrew E. Burke42. Non-profit Organizations Dick Netzer43. Opera and Ballet Ruth Towse44. Orchestras William A. Luksetich45. Participation Charles M. Gray46. Performance Indicators Giacomo Pignataro47. Performing Arts Ruth Towse48. Poverty and Support for Artists Hans Abbing49. Pricing the Arts Michael Rushton50. Principal–Agent Analysis Michele Trimarchi51. Public Choice Isidoro Mazza52. Public Support Bruno S. Frey53. Publishing Christian Hjorth-Andersen54. Regulation Ilde Rizzo55. Resale Rights Victor Ginsburgh56. Superstars Günther G. Schulze57. Tax Concessions John O’Hagan58. Television Christopher Maule59. Theatre Daniel Urrutiaguer60. Welfare Economics Mark BlaugIndex

‘A Handbook of Cultural Economics is the definitive guide to cultural economics. Short, accessible articles by leading scholars in the field quickly bring the reader up to speed and point them in the right direction for future research. The new edition brings the field to the cutting edge and is a must have for anyone interested in economics and the insights it offers for understanding popular culture and the arts.’

Edited by Ruth Towse, Professor of Economics of Creative Industries, CIPPM, Bournemouth University and CREATe Fellow in Cultural Economics, University of Glasgow, UK

• Contents:Preface to the Second EditionIntroductionRuth Towse1. Application of Welfare EconomicsWilliam J. Baumol2. Art Auctions Orley Ashenfelter and Kathryn Graddy3. Art Dealers Olav Velthuis4. Art Markets Olav Velthuis5. Art Prices Dominique Sagot-Duvauroux6. Artistic Freedom Michael Rushton7. Artists’ Labour Markets Françoise Benhamou8. Artists’ Rights Michael Rushton9. Awards Nachoem M. Wijnberg10. Baumol’s Cost Disease James Heilbrun11. Broadcasting Glenn Withers and Katrina Alford12. Cinema Samuel Cameron13. Contingent Valuation Tiziana Cuccia14. Copyright William M. Landes15. Costs of Production Mervi Taalas16. Creative Economy Tyler Cowen17. Creative Industries Ruth Towse18. Creativity Ruth Towse19. CriticismSamuel Cameron20. Cultural Capital David Throsby21. Cultural Districts Walter Santagata22. Cultural Entrepreneurship Mark Blaug and Ruth Towse23. Cultural Statistics David Throsby24. Cultural Tourism Lluís Bonet25. Cultural Value Jen D. Snowball26. Demand Louis Lévy-Garboua and Claude Montmarquette27. Digitalization Anders Henten and Reza Tadayoni28. Economic Impact of the Arts Bruce A. Seaman29. Experience Goods Michael Hutter30. Festivals Bruno S. Frey31. Globalization Keith Acheson32. Heritage Françoise Benhamou33. International Trade Günther G. Schulze34. The Internet: Culture for Free Joëlle Farchy35. The Internet: Economics Fabrice Rochelandet36. Management of the Arts François Colbert37. Marketing the Arts François Colbert38. Media Economics and Regulation Gillian Doyle39. Motion Pictures Darlene C. Chisholm40. Museums Víctor Fernández-Blanco and Juan Prieto-Rodríguez 41. The Music Industry Andrew E. Burke42. Non-profit Organizations Dick Netzer43. Opera and Ballet Ruth Towse44. Orchestras William A. Luksetich45. Participation Charles M. Gray46. Performance Indicators Giacomo Pignataro47. Performing Arts Ruth Towse48. Poverty and Support for Artists Hans Abbing49. Pricing the Arts Michael Rushton50. Principal–Agent Analysis Michele Trimarchi51. Public Choice Isidoro Mazza52. Public Support Bruno S. Frey53. Publishing Christian Hjorth-Andersen54. Regulation Ilde Rizzo55. Resale Rights Victor Ginsburgh56. Superstars Günther G. Schulze57. Tax Concessions John O’Hagan58. Television Christopher Maule59. Theatre Daniel Urrutiaguer60. Welfare Economics Mark BlaugIndex

‘A Handbook of Cultural Economics is the definitive guide to cultural economics. Short, accessible articles by leading scholars in the field quickly bring the reader up to speed and point them in the right direction for future research. The new edition brings the field to the cutting edge and is a must have for anyone interested in economics and the insights it offers for understanding popular culture and the arts.’

Edited by Ruth Towse, Professor of Economics of Creative Industries, CIPPM, Bournemouth University and CREATe Fellow in Cultural Economics, University of Glasgow, UK

• Contents:Preface to the Second EditionIntroductionRuth Towse1. Application of Welfare EconomicsWilliam J. Baumol2. Art Auctions Orley Ashenfelter and Kathryn Graddy3. Art Dealers Olav Velthuis4. Art Markets Olav Velthuis5. Art Prices Dominique Sagot-Duvauroux6. Artistic Freedom Michael Rushton7. Artists’ Labour Markets Françoise Benhamou8. Artists’ Rights Michael Rushton9. Awards Nachoem M. Wijnberg10. Baumol’s Cost Disease James Heilbrun11. Broadcasting Glenn Withers and Katrina Alford12. Cinema Samuel Cameron13. Contingent Valuation Tiziana Cuccia14. Copyright William M. Landes15. Costs of Production Mervi Taalas16. Creative Economy Tyler Cowen17. Creative Industries Ruth Towse18. Creativity Ruth Towse19. CriticismSamuel Cameron20. Cultural Capital David Throsby21. Cultural Districts Walter Santagata22. Cultural Entrepreneurship Mark Blaug and Ruth Towse23. Cultural Statistics David Throsby24. Cultural Tourism Lluís Bonet25. Cultural Value Jen D. Snowball26. Demand Louis Lévy-Garboua and Claude Montmarquette27. Digitalization Anders Henten and Reza Tadayoni28. Economic Impact of the Arts Bruce A. Seaman29. Experience Goods Michael Hutter30. Festivals Bruno S. Frey31. Globalization Keith Acheson32. Heritage Françoise Benhamou33. International Trade Günther G. Schulze34. The Internet: Culture for Free Joëlle Farchy35. The Internet: Economics Fabrice Rochelandet36. Management of the Arts François Colbert37. Marketing the Arts François Colbert38. Media Economics and Regulation Gillian Doyle39. Motion Pictures Darlene C. Chisholm40. Museums Víctor Fernández-Blanco and Juan Prieto-Rodríguez 41. The Music Industry Andrew E. Burke42. Non-profit Organizations Dick Netzer43. Opera and Ballet Ruth Towse44. Orchestras William A. Luksetich45. Participation Charles M. Gray46. Performance Indicators Giacomo Pignataro47. Performing Arts Ruth Towse48. Poverty and Support for Artists Hans Abbing49. Pricing the Arts Michael Rushton50. Principal–Agent Analysis Michele Trimarchi51. Public Choice Isidoro Mazza52. Public Support Bruno S. Frey53. Publishing Christian Hjorth-Andersen54. Regulation Ilde Rizzo55. Resale Rights Victor Ginsburgh56. Superstars Günther G. Schulze57. Tax Concessions John O’Hagan58. Television Christopher Maule59. Theatre Daniel Urrutiaguer60. Welfare Economics Mark BlaugIndex

‘A Handbook of Cultural Economics is the definitive guide to cultural economics. Short, accessible articles by leading scholars in the field quickly bring the reader up to speed and point them in the right direction for future research. The new edition brings the field to the cutting edge and is a must have for anyone interested in economics and the insights it offers for understanding popular culture and the arts.’