IDEAS home Printed from https://ideas.repec.org/a/oup/oxecpp/v55y2003i1p173-190.html
   My bibliography  Save this article

Valuing congestion costs in the British Museum

Author

Listed:
  • David Maddison
  • Terry Foster

Abstract

Museums are potentially congestible resources because the exhibits they contain are, in any relevant sense of the word, irreproducible. Insofar as visitor congestion diminishes the value of individuals' visits it constitutes an additional reason for charging for admission to museums, albeit one not previously considered. A policy of free access to a museum containing unique treasures may dissipate the economic benefits of the museum. Within the context of an empirical study undertaken using valuation techniques it is shown that the congestion cost posed by the marginal visitor to the British Museum is GBP 8.05. External benefits may nonetheless play a crucial role in determining whether it is appropriate to charge. Insofar as congestion is a widespread phenomenon in important museums and galleries the issues raised in this paper as well as the methodology devised to determine congestion costs could have widespread application. Copyright 2003, Oxford University Press.

Suggested Citation

  • David Maddison & Terry Foster, 2003. "Valuing congestion costs in the British Museum," Oxford Economic Papers, Oxford University Press, vol. 55(1), pages 173-190, January.
  • Handle: RePEc:oup:oxecpp:v:55:y:2003:i:1:p:173-190
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oup:oxecpp:v:55:y:2003:i:1:p:173-190. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Oxford University Press (email available below). General contact details of provider: https://academic.oup.com/oep .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.