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What Is the Economics of Art and Culture?

In: Economics of Art and Culture

Author

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  • Bruno S. Frey

    (University of Basel)

Abstract

The economics of art and culture is a fascinating and worthwhile subject. Its analysis is based on the economic way of thinking. It deals with a large number of diverse issues, such as how valuable art is to society, how the art market and auctions work, the specific characteristics of artists’ labour market, and the role of copies and fakes in art. Various areas of the arts and culture are analyzed, such as opera and theatre, festivals, films, museums, cultural heritage and cultural tourism. Finally, various aspects of the public support for the arts are studied, and it is shown that art makes people happy.

Suggested Citation

  • Bruno S. Frey, 2019. "What Is the Economics of Art and Culture?," SpringerBriefs in Economics, in: Economics of Art and Culture, chapter 0, pages 3-11, Springer.
    • Handle: RePEc:spr:spbchp:978-3-030-15748-7_1
    DOI: 10.1007/978-3-030-15748-7_1
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    Citations

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    Cited by:

    1. Hakjun Lee & Shik Heo, 2022. "Consumption Pattern Benefits of the Cultural Activities in South Korea," Sustainability, MDPI, vol. 15(1), pages 1-14, December.
    2. Kay H. Hofmann, 2021. "Television Serials as Career Stepping Stones: An Empirical Analysis of Employment Paths of Professional Actors," Schmalenbach Journal of Business Research, Springer, vol. 73(3), pages 501-525, December.
    3. Milada Šťastná & Antonín Vaishar & Jiří Brychta & Kristýna Tuzová & Jan Zloch & Veronika Stodolová, 2020. "Cultural Tourism as a Driver of Rural Development. Case Study: Southern Moravia," Sustainability, MDPI, vol. 12(21), pages 1-16, October.
    4. Bruno S. Frey & Andre Briviba, 2023. "Two types of cultural economics," International Review of Economics, Springer;Happiness Economics and Interpersonal Relations (HEIRS), vol. 70(1), pages 1-9, March.
    5. Monika Kackovic & Joop Hartog & Hans van Ophem & Nachoem Wijnberg, 2022. "The promise of potential: A study on the effectiveness of jury selection to a prestigious visual arts program," Kyklos, Wiley Blackwell, vol. 75(3), pages 410-435, August.

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