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“Bring the numbers and stories together”: Valuing events

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  • Ren, Carina
  • Mahadevan, Renuka

Abstract

This article introduces a Valuation Studies approach, in which valuation is seen as a social practice, to studying the outcomes of events. Drawing on material gathered around the Arctic Winter Games organized in Nuuk, Greenland in 2016, we exemplify how researchers working together across disciplinary and methodological boundaries can engage together with events stakeholders in making event values knowable beyond the confines of traditional evaluation. Analytically, we use Callons’ concepts on framing and overflows to exemplify alternative outcomes of events. We argue that a valuation approach offers an iterative understanding of event outcomes which encourages economics and constructivist research to collaborate on exploring event worth and making event overflows knowable and valuable.

Suggested Citation

  • Ren, Carina & Mahadevan, Renuka, 2018. "“Bring the numbers and stories together”: Valuing events," Annals of Tourism Research, Elsevier, vol. 72(C), pages 75-84.
    • Handle: RePEc:eee:anture:v:72:y:2018:i:c:p:75-84
    DOI: 10.1016/j.annals.2018.06.008
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    References listed on IDEAS

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    1. Michel Callon, 2010. "Performativity, Misfires And Politics," Journal of Cultural Economy, Taylor & Francis Journals, vol. 3(2), pages 163-169, July.
    2. Lugosi, Peter, 2016. "Socio-technological authentication," Annals of Tourism Research, Elsevier, vol. 58(C), pages 100-113.
    3. Richard Carson & Nicholas Flores & Norman Meade, 2001. "Contingent Valuation: Controversies and Evidence," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 19(2), pages 173-210, June.
    4. José Sanz & Luis Herrero & Ana Bedate, 2003. "Contingent Valuation and Semiparametric Methods: A Case Study of the National Museum of Sculpture in Valladolid, Spain," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 27(3), pages 241-257, November.
    5. Hans Kjellberg & Alexandre Mallard & Diane-Laure Arjaliès & Patrik Aspers & Stefan Beljean & Alexandra Bidet & Alberto Corsin & Emmanuel Didier & Marion Fourcade & Susi Geiger & Klaus Hoeyer & Michèle, 2013. "Valuation studies ? Our collective two cents," Post-Print hal-00827390, HAL.
    6. Ian Bateman & Ian Langford, 1997. "Non-users' Willingness to Pay for a National Park: An Application and Critique of the Contingent Valuation Method," Regional Studies, Taylor & Francis Journals, vol. 31(6), pages 571-582.
    7. Raymond J. Kopp, 1992. "Why existence value should be used in cost-benefit analysis," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 11(1), pages 123-130.
    8. van der Duim, René & Ren, Carina & Jóhannesson, Gunnar Thór, 2017. "ANT: A decade of interfering with tourism," Annals of Tourism Research, Elsevier, vol. 64(C), pages 139-149.
    9. Claes-Fredrik Helgesson & Fabian Muniesa, 2013. "For What It's Worth: An Introduction to Valuation Studies," Post-Print halshs-00817375, HAL.
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    Cited by:

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    2. Perna Fernando & Custódio Maria João & Oliveira Vanessa, 2019. "Local Communities and Sport Activities Expenditures and Image: Residents’ Role in Sustainable Tourism and Recreation," European Journal of Tourism, Hospitality and Recreation, Sciendo, vol. 9(1), pages 49-59, May.

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