Cultural Economics and Museum Behaviour
AbstractThe 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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Bibliographic InfoArticle provided by Scottish Economic Society in its journal Scottish Journal of Political Economy.
Volume (Year): 41 (1994)
Issue (Month): 3 (August)
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Web page: http://www.blackwellpublishing.com/journal.asp?ref=0036-9292
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- Frey, Bruno S. & Meier, Stephan, 2006.
"The Economics of Museums,"
Handbook of the Economics of Art and Culture,
- Michael Rushton, 2000. "Public Funding of Controversial Art," Journal of Cultural Economics, Springer, vol. 24(4), pages 267-282, November.
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3-02 Classification-JEL :, Instituto de Estudios Fiscales.
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- Bruno Frey, 1998. "Superstar Museums: An Economic Analysis," Journal of Cultural Economics, Springer, vol. 22(2), pages 113-125, June.
- 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.
- 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.
- Sir Alan Peacock, 2000. "Public financing of the arts in England," Fiscal Studies, Institute for Fiscal Studies, vol. 21(2), pages 171-205, June.
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