The Economics of Experiences, the Arts and Entertainment

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David E. Andersson, Åke E. Andersson
Edward Elgar Publishing, Feb 24, 2006 - Performing Arts - 229 pages
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David and Ake E. Andersson's book will appeal to scholars and researchers at all levels of academe involved in economics, public sector economics and those with a special interest in art and/or entertainment.
 

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Contents

1 The Economics of the Arts and Entertainment
1
FUNDAMENTAL CREATIVITY COMPLEXITY AND LONG TMESCALES
5
THE EXPLOITATION OF DYNAMIC SYNERGIES
8
CONTINGENT PLANNING IN THE SHORT TERM DEMAND AND SUPPLY
11
PRODUCTION CLUSTERING AND AGGLOMERATION
13
INNOVATIONS AND CULTURAL ENTREPRENEURSHIP
15
ON THE METHODOLOGY OF THIS BOOK
16
2 Aesthetics and Economics
20
7 The Value of Cultural Heritage
110
AESTHETICS AS AN INFRASTRUCTURAL ATTRIBUTE
111
HEDONIC PRICE THEORY
113
ESTIMATION PROBLEMS
114
THE CULTURAL INFRASTRUCTURE IN EUROPEAN CITIES
116
ESTIMATING THE PRICE OF CULTURAL HERITAGE
117
APPENDIX
125
8 The Role of Creativity
127

A NOTE ON CLASSICAL AESTHETICS
22
QUALITY OF COMPOSITION
25
PRAGMATIC AND ASSOCIATIVE QUALITY
28
COMPLEXITY ORDER AND AESTHETIC QUALITY
29
THE DYNAMICS OF SCHOOLS
32
3 The Demand for Arts and Entertainment Products
34
RELATIVE PRICES INCOME AND CONSUMPTION
35
PRICES INCOME AND CONSUMER DECISIONS
36
ARTS AND ENTERTAINMENT DEMAND AND INCOME
39
THE LEISURE TIME CONSTRAINT
42
OTHER CONSTRAINTS ON CONSUMPTION
46
DEMOGRAPHIC AND EDUCATIONAL CHANGES IN THE DEVELOPED MARKET ECONOMIES
47
THE EXTENSION OF EDUCATION
48
THE GENERALIZED PRICE
49
THE HOUSEHOLD A PRODUCTION UNIT
52
SOCIAL DETERMINANTS OF CONSUMPTION
54
DYNAMICS OF INTERACTIVE DEMAND
55
4 Production Systems in the Arts and in Entertainment
58
SIMPLE ART AND ENTERTAINMENT PRODUCTION
59
QUALITY IN SIMPLE PRODUCTION
61
OPTIMAL VERSUS MAXIMUM QUALITY OR ENTERTAINMENT VERSUS ARTS
62
INTERDEPENDENCES IN THE PRODUCTION SYSTEM
63
INTERACTION BETWEEN PRODUCERS
65
EXPLOITING ECONOMIES OF SCALE AND SCOPE
67
ECONOMIES OF SCALE AND SCOPE IN THE ART AND ENTERTAINMENT INDUSTRIES
68
ECONOMIES OF SCOPE AND SCALE
70
5 Permanent Ensembles or Festivals?
73
THE AVERAGE COST OF PRODUCTION
74
TECHNOLOGICAL DEVELOPMENT AND THE COST DISEASE OF THE ARTS
77
CONCENTRATION IN SPACE OR TIME?
79
6 The Markets for Experience Goods and Services
83
Intangibility and Location
84
Inseparability and Communication
85
Heterogeneity
86
THE FIRSTHAND MARKETS FOR ART PRODUCTS
87
THE SECONDHAND MARKETS
88
THE MARKETS FOR REPRODUCIBLE ART AND ENTERTAINMENT GOODS
91
MARKETS FOR THE PERFORMING ARTS AND FOR PERFORMANCEORIENTED ENTERTAINMENT
96
MONOPOLISTIC COMPETITION IN THE LIVE PERFORMING ARTS AND IN LIVE ENTERTAINMENT
97
PRICE AND SUBGROUP DIFFERENTIATION
99
PRICE DIFFERENTIATION WITH GIVEN CONSUMER GROUPS
101
LINING UP BEHIND GIANTS
103
MARKET CHARACTERISTICS
108
THE MECHANISMS OF CREATIVITY
129
THE CREATIVE PERSONALITY
132
DIFFERENT CAPACITIES OF THE CREATIVE MIND
133
THE ROLE OF FUNDAMENTAL UNCERTAINTY OR STRUCTURAL INSTABILITY IN THE CREATIVE PROCESS
134
MACROECONOMIC AND SOCIAL CONDITIONS OF CREATIVITY
136
FINANCING CREATIVITY
137
9 Cultural Entrepreneurship
141
SCHUMPETERS THEORY
143
SCHUMPETER MISES AND HAYEK
144
KIRZNERS ENTREPRENEUR
146
KIRZNERS VIEW OF COMPETITION
148
ENTREPRENEURSHIP IN NONMARKET SETTINGS
150
HYPOTHETICAL EXAMPLES
151
Idealistic Art as Market Entrepreneurship
153
Subsidized Art as Nonmarket Entrepreneurship
154
10 Creativity and Institutions
159
INSTITUTIONS FROM A METHODOLOGICAL INDIVIDUALIST POINT OF VIEW
164
THE INTERACTION OF INDIVIDUAL AND STRUCTURE
167
BUILDING BLOCKS FOR INSTITUTIONALLY CONSTITUTED CREATIVE ENTREPRENEURS IN AN INDIVIDUALLY CONSTITUTED INST...
169
11 Internal and External Scale Economies and the Cultural City
173
INTERNAL SCALE ECONOMIES
177
EXTERNAL SCALE ECONOMIES AGGLOMERATION ECONOMIES
179
LOCALIZATION ECONOMIES
181
URBANIZATION ECONOMIES
183
ENTREPRENEURSHIP KNOWLEDGE AND LOCATION
187
ENTREPRENEURSHIP AND SPATIAL ECONOMICS
189
12 The Globalization of Culture
192
CULTURAL CAPITALS OF THE PAST
193
CITIES AS FOCAL POINTS OF LOGISTICAL AND CULTURAL REVOLUTIONS
194
EXPLAINING REVOLUTIONARY CHANGES
195
ITALIAN CITY STATES AND THE FIRST LOGISTICAL REVOLUTION
196
AMSTERDAM THE CAPITAL OF THE SECOND LOGISTICAL REVOLUTION
199
THE CULTURAL CITY OF THE INDUSTRIAL REVOLUTION
200
SECULAR REDUCTIONS OF THE FRICTIONS OF DISTANCE
203
THE DIGITAL REVOLUTION
206
CONTEMPORARY GLOBALIZATION
207
SYNDICATION OF ARTS AND ENTERTAINMENT
210
GLOBAL NETWORK CORPORATIONS
212
MODELLING OPTIMAL INTERACTIONS
215
A GLOBAL ARCHIPELAGO OF ART AND ENTERTAINMENT
216
References
218
Index
225
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About the author (2006)

David Emanuel Andersson is Associate Professor, Department of Local Development and Management, Leader University, Tainan, Taiwan.

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