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The Demand for the Arts

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Author Info
Louis Lévy-Garboua ()
Claude Montmarquette ()

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Abstract

This paper discusses the demand for the arts from a theoretical and an empirical perspectives. We suggest that the demand for the arts is price elastic and that art is a luxury good. Education, and learning experiences are also important factors affecting that demand.

Ce texte traite de la demande pour les arts d'un point de vue théorique et empirique. Nous suggérons que la demande pour les arts se caractérise par une élasticité-prix relativement importante et que l'art est un bien de luxe. L'éducation et l'expérience en matière d'art jouent également un rôle important sur cette demande.

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Publisher Info
Paper provided by CIRANO in its series CIRANO Working Papers with number 2002s-10.

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Date of creation: 01 Feb 2002
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Handle: RePEc:cir:cirwor:2002s-10

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Related research
Keywords: Demand for the arts; learning by consuming; Demande pour les arts; Apprentissage par la consommation;

Find related papers by JEL classification:
Z1 - Other Special Topics - - Cultural Economics

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

  1. Hamlen, William A, Jr, 1991. "Superstardom in Popular Music: Empirical Evidence," The Review of Economics and Statistics, MIT Press, vol. 73(4), pages 729-33, November. [Downloadable!] (restricted)
  2. Abbe-Decarroux, Francois, 1994. "The perception of quality and the demand for services : Empirical application to the performing arts," Journal of Economic Behavior & Organization, Elsevier, vol. 23(1), pages 99-107, January. [Downloadable!] (restricted)
  3. Renato Flôres & Victor Ginsburgh & Philippe Jeanfils, 1999. "Long- and Short-Term Portfolio Choices of Paintings," Journal of Cultural Economics, Springer, vol. 23(3), pages 191-208, August. [Downloadable!] (restricted)
  4. Gapinski, James H, 1986. "The Lively Arts as Substitutes for the Lively Arts," American Economic Review, American Economic Association, vol. 76(2), pages 20-25, May. [Downloadable!] (restricted)
  5. Richard Agnello & Renée Pierce, 1996. "Financial returns, price determinants, and genre effects in American art investment," Journal of Cultural Economics, Springer, vol. 20(4), pages 359-383, December. [Downloadable!] (restricted)
  6. Martin Browning & Thomas F. Crossley, 2000. "Luxuries Are Easier to Postpone: A Proof," Journal of Political Economy, University of Chicago Press, vol. 108(5), pages 1022-1026, October. [Downloadable!] (restricted)
  7. Louis Lévy-Garboua & Claude Montmarquette, 1996. "A microeconometric study of theatre demand," Journal of Cultural Economics, Springer, vol. 20(1), pages 25-50, March. [Downloadable!] (restricted)
  8. Gapinski, James H, 1984. "The Economics of Performing Shakespeare," American Economic Review, American Economic Association, vol. 74(3), pages 458-66, June. [Downloadable!] (restricted)
  9. Arthur De Vany & W. Walls, 1999. "Uncertainty in the Movie Industry: Does Star Power Reduce the Terror of the Box Office?," Journal of Cultural Economics, Springer, vol. 23(4), pages 285-318, November. [Downloadable!] (restricted)
  10. Cameron, Samuel, 1999. "Rational Addiction and the Demand for Cinema," Applied Economics Letters, Taylor and Francis Journals, vol. 6(9), pages 617-20, September. [Downloadable!] (restricted)
  11. Becker, Gary S & Murphy, Kevin M, 1988. "A Theory of Rational Addiction," Journal of Political Economy, University of Chicago Press, vol. 96(4), pages 675-700, August. [Downloadable!] (restricted)
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. K. Willis & J. Snowball, 2009. "Investigating how the attributes of live theatre productions influence consumption choices using conjoint analysis: the example of the National Arts Festival, South Africa," Journal of Cultural Economics, Springer, vol. 33(3), pages 167-183, August. [Downloadable!] (restricted)
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