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Cultural Economics and Museum Behaviour

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Author Info
Frey, Bruno S

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Abstract

The behavior of art museums is studied by applying economic thinking to culture. Art museums keep a substantial share of their holdings in storage rooms and act in a little enterprising way. It is analyzed why the stock rarely or never displayed is not sold and the proceeds used to buy more suitable paintings, or for restoration, extending showroom capacity and visiting hours, or improving fire and security precautions. It is suggested that giving museum directorates the necessary incentives and independence to employ the resources at their disposition more freely would greatly improve the situation. Copyright 1994 by Scottish Economic Society.

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Publisher Info
Article provided by Scottish Economic Society in its journal Scottish Journal of Political Economy.

Volume (Year): 41 (1994)
Issue (Month): 3 (August)
Pages: 325-35
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Handle: RePEc:bla:scotjp:v:41:y:1994:i:3:p:325-35

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  1. John Ashworth & Peter Johnson, 1996. "Sources of “value for money” for museum visitors: Some survey evidence," Journal of Cultural Economics, Springer, vol. 20(1), pages 67-83, March. [Downloadable!] (restricted)
  2. Juan Prieto-Rodríguez & Víctor Fernández-Blanco, 2006. "Optimal pricing and grant policies for museums," Journal of Cultural Economics, Springer, vol. 30(3), pages 169-181, December. [Downloadable!] (restricted)
    Other versions:
  3. Bruno S. Frey & Stephan Meier, . "The Economics of Museums," IEW - Working Papers iewwp149, Institute for Empirical Research in Economics - IEW. [Downloadable!]
    Other versions:
  4. Peter Johnson & Barry Thomas, 1998. "The Economics of Museums: A Research Perspective," Journal of Cultural Economics, Springer, vol. 22(2), pages 75-85, June. [Downloadable!] (restricted)
  5. David Maddison, 2004. "Causality and Museum Subsidies," Journal of Cultural Economics, Springer, vol. 28(2), pages 89-108, May. [Downloadable!] (restricted)
  6. Sir Alan Peacock, 2000. "Public financing of the arts in England," Fiscal Studies, Institute for Fiscal Studies, vol. 21(2), pages 171-205, June. [Downloadable!]
  7. Michael Rushton, 2000. "Public Funding of Controversial Art," Journal of Cultural Economics, Springer, vol. 24(4), pages 267-282, November. [Downloadable!] (restricted)
  8. Bruno Frey, 1998. "Superstar Museums: An Economic Analysis," Journal of Cultural Economics, Springer, vol. 22(2), pages 113-125, June. [Downloadable!] (restricted)
  9. Silvia Fedeli & Michele Santoni, 2006. "The Government's Choice of Bureaucratic Organisation: An Application to Italian State Museums," Journal of Cultural Economics, Springer, vol. 30(1), pages 41-72, March. [Downloadable!] (restricted)
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This page was last updated on 2009-11-22.


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