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The Economics of Museums

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Author Info
Bruno S. Frey
Stephan Meier

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Abstract

This paper surveys the literature on the economics of museums. It first discusses aspects of the demand and supply of museum services. The museum behaviour is then analysed from a neoclassical and a more institutional perspective. Public policy issues connected with museums are discussed. The survey ends with discussing current trends in the museums world from an economic point of view.

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Paper provided by Institute for Empirical Research in Economics - IEW in its series IEW - Working Papers with number iewwp149.

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Handle: RePEc:zur:iewwpx:149

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Related research
Keywords: cultural economics; museums; superstars und den abstract;

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

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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. John W. O'Hagan, 1995. "National Museums: To Charge or not to charge?," Economics Policy Papers 952, Trinity College Dublin, Department of Economics. [Downloadable!]
  2. Glazer, Amihai & Konrad, Kai A, 1996. "A Signaling Explanation for Charity," American Economic Review, American Economic Association, vol. 86(4), pages 1019-28, September. [Downloadable!] (restricted)
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    Other versions:
  4. Luksetich, William A & Partridge, Mark D, 1997. "Demand Functions for Museum Services," Applied Economics, Taylor and Francis Journals, vol. 29(12), pages 1553-59, December. [Downloadable!] (restricted)
  5. John A. List & David Lucking-Reiley, 2002. "The Effects of Seed Money and Refunds on Charitable Giving: Experimental Evidence from a University Capital Campaign," Journal of Political Economy, University of Chicago Press, vol. 110(1), pages 215-233, February. [Downloadable!] (restricted)
    Other versions:
  6. Filer, Randall K, 1986. "The "Starving Artist"-Myth or Reality? Earnings of Artists in the United States," Journal of Political Economy, University of Chicago Press, vol. 94(1), pages 56-75, February. [Downloadable!] (restricted)
  7. Hirshleifer, Jack, 1985. "The Expanding Domain of Economics," American Economic Review, American Economic Association, vol. 75(6), pages 53-68, December. [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. J. Schuster, 1998. "Neither Public Nor Private: The Hybridization of Museums," Journal of Cultural Economics, Springer, vol. 22(2), pages 127-150, June. [Downloadable!] (restricted)
  10. Rosen, Sherwin, 1981. "The Economics of Superstars," American Economic Review, American Economic Association, vol. 71(5), pages 845-58, December. [Downloadable!] (restricted)
  11. David C. Ribar & Mark O. Wilhelm, 2002. "Altruistic and Joy-of-Giving Motivations in Charitable Behavior," Journal of Political Economy, University of Chicago Press, vol. 110(2), pages 425-457, April. [Downloadable!] (restricted)
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  12. Werner Pommerehne & Lars Feld, 1997. "The Impact of Museum Purchase on the Auction Prices of Paintings," Journal of Cultural Economics, Springer, vol. 21(3), pages 249-271, September. [Downloadable!] (restricted)
  13. Henry Hansmann, 1981. "Nonprofit Enterprise in the Performing Arts," Bell Journal of Economics, The RAND Corporation, vol. 12(2), pages 341-361, Autumn. [Downloadable!] (restricted)
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  15. Harbaugh, William T., 1998. "What do donations buy?: A model of philanthropy based on prestige and warm glow," Journal of Public Economics, Elsevier, vol. 67(2), pages 269-284, February. [Downloadable!] (restricted)
  16. Frey, Bruno S, 1994. "Cultural Economics and Museum Behaviour," Scottish Journal of Political Economy, Scottish Economic Society, vol. 41(3), pages 325-35, August.
  17. Peacock, Alan T, 1969. "Welfare Economics and Public Subsidies to the Arts," The Manchester School of Economic & Social Studies, Blackwell Publishing, vol. 37(4), pages 323-35, December.
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  20. Ginsburgh, Victor & Zang, Israel, 2003. "The museum pass game and its value," Games and Economic Behavior, Elsevier, vol. 43(2), pages 322-325, May. [Downloadable!] (restricted)
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  21. Martin Feldstein, 1991. "The Economics of Art Museums," NBER Books, National Bureau of Economic Research, Inc, number feld91-1.
  22. Richard N. Rosett, 1991. "Art Museums in the United States: A Financial Portrait," NBER Chapters, in: The Economics of Art Museums, pages 129-178 National Bureau of Economic Research, Inc. [Downloadable!]
  23. Adrian Darnell, 1998. "Some Simple Analytics of Access and Revenue Targets," Journal of Cultural Economics, Springer, vol. 22(2), pages 189-196, June. [Downloadable!] (restricted)
  24. Douglas Noonan, 2003. "Contingent Valuation Studies in the Arts and Culture: An Annotated Bibliography," Working Papers 0304, Harris School of Public Policy Studies, University of Chicago. [Downloadable!]
  25. Theodore E. Stebbins, Jr. & Julia Brown Turrell & Jay E. Cantor & John Walsh, 1991. "The Museum's Collection," NBER Chapters, in: The Economics of Art Museums, pages 13-34 National Bureau of Economic Research, Inc. [Downloadable!]
  26. María V. Gómez, 1998. "Reflective images: the case of urban regeneration in Glasgow and Bilbao," International Journal of Urban and Regional Research, Blackwell Publishing, vol. 22(1), pages 106-121, 03. [Downloadable!] (restricted)
  27. Sharon Oster & William N. Goetzmann, 2003. "Does Governance Matter? The Case of Art Museums," NBER Chapters, in: The Governance of Not-for-Profit Organizations, pages 71-100 National Bureau of Economic Research, Inc. [Downloadable!]
  28. François Mairesse & Philippe Vanden Eeckaut, 2002. "Museum Assessment and FDH Technology: Towards a Global Approach," Journal of Cultural Economics, Springer, vol. 26(4), pages 261-286, November. [Downloadable!] (restricted)
  29. Schulze, Gunther G & Ursprung, Heinrich W, 2000. " La donna e mobile--Or Is She? Voter Preferences and Public Support for the Performing Arts," Public Choice, Springer, vol. 102(1-2), pages 131-49, January. [Downloadable!] (restricted)
  30. Blaug, Mark, 2001. " Where Are We Now on Cultural Economics?," Journal of Economic Surveys, Blackwell Publishing, vol. 15(2), pages 123-43, April. [Downloadable!] (restricted)
  31. Faye Steiner, 1997. "Optimal Pricing of Museum Admission," Journal of Cultural Economics, Springer, vol. 21(4), pages 307-333, December. [Downloadable!] (restricted)
  32. Throsby, David, 1994. "The Production and Consumption of the Arts: A View of Cultural Economics," Journal of Economic Literature, American Economic Association, vol. 32(1), pages 1-29, March. [Downloadable!] (restricted)
  33. Robert C. Blattberg & Cynthia J. Broderick, 1991. "Marketing of Art Museums," NBER Chapters, in: The Economics of Art Museums, pages 327-346 National Bureau of Economic Research, Inc. [Downloadable!]
  34. Peter Temin, 1991. "An Economic History of American Art Museums," NBER Chapters, in: The Economics of Art Museums, pages 179-194 National Bureau of Economic Research, Inc. [Downloadable!]
  35. William A. Luksetich & Mark D. Partridge, 1997. "Demand functions for museum services," Applied Economics, Taylor and Francis Journals, vol. 29(12), pages 1553-1559, December. [Downloadable!] (restricted)
Full references

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. Bruno S. Frey & Simon Luechinger & Alois Stutzer, . "Calculating Tragedy: Assessing the Costs of Terrorism," IEW - Working Papers iewwp205, Institute for Empirical Research in Economics - IEW. [Downloadable!]
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  2. Enrico De Giorgi & Stefan Reimann, . "The ?-Beauty Contest: Choosing Numbers, Thinking Intervals," IEW - Working Papers iewwp183, Institute for Empirical Research in Economics - IEW. [Downloadable!]
  3. Laura Onofri & Antonello Scorcu, 2006. "The Life Cycle of Temporary Cultural Exhibitions: An Empirical Exploration," International Journal of the Economics of Business, Taylor and Francis Journals, vol. 13(3), pages 447-460, November. [Downloadable!] (restricted)
  4. Matthias Benz & Bruno S. Frey, . "Corporate Governance: What can we Learn from Public Governance?," IEW - Working Papers iewwp166, Institute for Empirical Research in Economics - IEW. [Downloadable!]
  5. Armin Falk & Urs Fischbacher & Simon Gächter, . "Living in Two Neighborhoods - Social Interactions in the Lab," IEW - Working Papers iewwp150, Institute for Empirical Research in Economics - IEW. [Downloadable!]
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  6. 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:
  7. Bruno S. Frey, . "Direct Democracy for Transition Countries," IEW - Working Papers iewwp165, Institute for Empirical Research in Economics - IEW. [Downloadable!]
  8. Steffen Huck & Michael Kosfeld, . "The Dynamics of Neighbourhood Watch and Norm Enforcement," IEW - Working Papers iewwp199, Institute for Empirical Research in Economics - IEW. [Downloadable!]
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  9. Bruno S. Frey, . "Happiness Research: State and Prospects," IEW - Working Papers iewwp192, Institute for Empirical Research in Economics - IEW. [Downloadable!]
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  10. Aleksander Berentsen & Esther Bruegger & Simon Loertscher, . "Heterogeneity, Local Information, and Global Interaction," IEW - Working Papers iewwp182, Institute for Empirical Research in Economics - IEW. [Downloadable!]
  11. Bruno S. Frey & Alois Stutzer, . "Direct Democracy: Designing a Living Constitution," IEW - Working Papers iewwp167, Institute for Empirical Research in Economics - IEW. [Downloadable!]
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  12. Thorsten Hens & P. Jean-Jacques Herings & Arkadi Predtetchinskii, . "Limits to Arbitrage when Market Participation Is Restricted," IEW - Working Papers iewwp176, Institute for Empirical Research in Economics - IEW. [Downloadable!]
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  13. Ernst Fehr & Klaus M. Schmidt, . "The Role of Equality, Efficiency, and Rawlsian Motives in Social Preferences: A Reply to Engelmann and Strobel," IEW - Working Papers iewwp179, Institute for Empirical Research in Economics - IEW. [Downloadable!]
  14. Matthias Benz & Bruno S. Frey, . "The Value of Autonomy: Evidence from the Self-Employed in 23 Countries," IEW - Working Papers iewwp173, Institute for Empirical Research in Economics - IEW. [Downloadable!]
  15. Aleksander Berentsen & Guillaume Rocheteau, . "On the Friedman Rule in Search Models with Divisible Money," IEW - Working Papers iewwp155, Institute for Empirical Research in Economics - IEW. [Downloadable!]
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  16. Igor Evstigneev & Thorsten Hens & Klaus Reiner Schenk-Hoppé, . "Evolutionary Stable Stock Markets," IEW - Working Papers iewwp170, Institute for Empirical Research in Economics - IEW. [Downloadable!]
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  17. Pavlo Blavatskyy, . "Why the Olympics have three prizes and not just one," IEW - Working Papers iewwp200, Institute for Empirical Research in Economics - IEW. [Downloadable!]
  18. Aleksander Berentsen & Esther Brügger & Simon Lörtscher, . "On Cheating and Whistle-Blowing," IEW - Working Papers iewwp153, Institute for Empirical Research in Economics - IEW. [Downloadable!]
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  19. Bruno S. Frey & Margit Osterloh, . "Yes, Managers Should be Paid Like Bureaucrats," IEW - Working Papers iewwp187, Institute for Empirical Research in Economics - IEW. [Downloadable!]
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