Nonprofit Enterprise in the Performing Arts
AbstractThis article explores the reasons for the current dominance of the nonprofit form in the high-culture performing arts, and concludes that this development is a response to the need for price discrimination in that sector. The article develops a model of a nonprofit performing arts organization based on this analysis, and employs the model to explore, first, the consequences to be expected if such an organization adopts any of the various plausible objective functions, and second, the circumstances in which subsidies to such an organization are justified and the way in which such subsidies should be structured.
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Bibliographic InfoArticle provided by The RAND Corporation in its journal Bell Journal of Economics.
Volume (Year): 12 (1981)
Issue (Month): 2 (Autumn)
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Web page: http://www.rje.org
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- Frey, Bruno S. & Meier, Stephan, 2006.
"The Economics of Museums,"
Handbook of the Economics of Art and Culture,
- Bruno Frey, 1999. "State Support and Creativity in the Arts: Some New Considerations," Journal of Cultural Economics, Springer, vol. 23(1), pages 71-85, March.
- Richard O. Beil & David N. Laband, 1996. "The American Economic Association Dues Structure," Journal of Economic Perspectives, American Economic Association, vol. 10(4), pages 179-186, Fall.
- Julia Hiscock & David E. Hojman, 2004. "Where Have All the Flowers Gone? Coase Theorem Failures in English Summer Cultural Events: The Case of Sidmouth International Festival," Research Papers 200406, University of Liverpool Management School.
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