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The Economics of Experiences, the Arts and Entertainment

Author

Listed:
  • Åke E. Andersson
  • David E. Andersson

Abstract

The Economics of Experiences, the Arts and Entertainment serves as a welcome and unique introduction to various economic aspects of the production and consumption of art and entertainment products. The book begins with analyses and discussion of neoclassical production and utility functions, with a focus on art and entertainment as instances of experience goods or services. The authors then go on to present alternative Austrian and institutional approaches which focus on the role of creative entrepreneurs in the market process. Aesthetic and psychological theories are also discussed with a focus on their impact on producers’ and consumers’ decisions, as well as historical examples of creative centres, such as Renaissance Florence and Post World War II New York.

Suggested Citation

  • Åke E. Andersson & David E. Andersson, 2006. "The Economics of Experiences, the Arts and Entertainment," Books, Edward Elgar Publishing, number 3865.
    • Handle: RePEc:elg:eebook:3865
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    File URL: http://www.e-elgar.com/shop/isbn/9781845424046
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    More about this item

    Keywords

    Development Studies; Economics and Finance; Environment; Geography;
    All these keywords.

    JEL classification:

    • H0 - Public Economics - - General

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