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The Double Public Good: A Conceptual Framework for ``Shared Experience'' Values Associated with Heritage Conservation

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  • Karin Sable
  • Robert Kling

Abstract

This paper introduces the double public good model as a representation of the simultaneous externalities that complicate decision making in the cultural heritage sphere. Social welfare is modeled as depending on both public and private benefits of households' production of individual heritage experience, which in turn depends on the stock of historic assets (a public good) and access effort (a private good). The public benefit of private experience arises from ``shared experience'' that fosters cultural identity and social understandings. The model generates marginal efficiency conditions for the amount of physical preservation, amount of access, and intensity of access. The model highlights the need for dual-level policy making in order to avoid unbalanced heritage preservation efforts that have been of some concern in the literature. Copyright Kluwer Academic Publishers 2001

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  • Karin Sable & Robert Kling, 2001. "The Double Public Good: A Conceptual Framework for ``Shared Experience'' Values Associated with Heritage Conservation," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 25(2), pages 77-89, May.
    • Handle: RePEc:kap:jculte:v:25:y:2001:i:2:p:77-89
    DOI: 10.1023/A:1007675701979
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    References listed on IDEAS

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    1. Michael Hutter & Ilde Rizzo (ed.), 1997. "Economic Perspectives on Cultural Heritage," Palgrave Macmillan Books, Palgrave Macmillan, number 978-1-349-25824-6, March.
    2. Arjo Klamer, 1997. "The Value of Cultural Heritage," Palgrave Macmillan Books, in: Michael Hutter & Ilde Rizzo (ed.), Economic Perspectives on Cultural Heritage, chapter 5, pages 74-87, Palgrave Macmillan.
    3. Francoise Benhamou, 1996. "Is increased public spending for the preservation of historic monuments inevitable? The French case," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 20(2), pages 115-131, June.
    4. 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.
    5. Christian Koboldt, 1997. "Optimizing the Use of Cultural Heritage," Palgrave Macmillan Books, in: Michael Hutter & Ilde Rizzo (ed.), Economic Perspectives on Cultural Heritage, chapter 4, pages 50-73, Palgrave Macmillan.
    6. David Throsby, 1997. "Seven Questions in the Economics of Cultural Heritage," Palgrave Macmillan Books, in: Michael Hutter & Ilde Rizzo (ed.), Economic Perspectives on Cultural Heritage, chapter 2, pages 13-30, Palgrave Macmillan.
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    Cited by:

    1. Aubert, Cècile & Bardhan, Pranab & Dayton-Johnson, Jeff, 2003. "Artfilms, Handicrafts and Other Cultural Goods: The Case for Subsidy," Department of Economics, Working Paper Series qt62n4f3bh, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
    2. Chhabra, Deepak & Zhao, Shengnan, 2015. "Present-centered dialogue with heritage representations," Annals of Tourism Research, Elsevier, vol. 55(C), pages 94-109.
    3. Victoria Ateca Amestoy, 2013. "Demand for cultural heritage," Chapters, in: Ilde Rizzo & Anna Mignosa (ed.), Handbook on the Economics of Cultural Heritage, chapter 4, pages i-i, Edward Elgar Publishing.
    4. Choi, Andy S. & Ritchie, Brent W. & Papandrea, Franco & Bennett, Jeff, 2010. "Economic valuation of cultural heritage sites: A choice modeling approach," Tourism Management, Elsevier, vol. 31(2), pages 213-220.
    5. Mazzanti, Massimiliano, 2002. "Cultural heritage as multi-dimensional, multi-value and multi-attribute economic good: toward a new framework for economic analysis and valuation," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 31(5), pages 529-558.
    6. YAMADA Keigo, 2024. "Literature Review of Cultural Heritage Economics - Focus on theoretical research of built heritage - (Japanese)," Discussion Papers (Japanese) 24014, Research Institute of Economy, Trade and Industry (RIETI).
    7. Joshua Guetzkow, 2002. "How the Arts Impact Communities: An introduction to the literature on arts impact studies," Working Papers 44, Princeton University, School of Public and International Affairs, Center for Arts and Cultural Policy Studies..
    8. repec:pri:cpanda:wp20%20-%20guetzkow is not listed on IDEAS
    9. Kean Siang Ch’Ng & Suet Leng Khoo, 2015. "Market Mechanisms To Allocate Heritage Conservation Fund: An Experimental Study," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 60(05), pages 1-19, December.
    10. Annie Tubadji, 2021. "Culture and mental health resilience in times of COVID-19," Journal of Population Economics, Springer;European Society for Population Economics, vol. 34(4), pages 1219-1259, October.
    11. Xing HUIBIN & Azizan MARZUKI & Arman ABDUL RAZAK, 2012. "pROTECTIVE DEVELOPMENT OF CULTURAL HERITAGE TOURISM: THE CASE OF LIJIANG,CHINA," Theoretical and Empirical Researches in Urban Management, Research Centre in Public Administration and Public Services, Bucharest, Romania, vol. 7(1), pages 39-54, February.
    12. Victoria Ateca-Amestoy, 2008. "Determining heterogeneous behavior for theater attendance," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 32(2), pages 127-151, June.
    13. Françoise Benhamou, 2011. "Heritage," Chapters, in: Ruth Towse (ed.), A Handbook of Cultural Economics, Second Edition, chapter 32, Edward Elgar Publishing.
    14. Mazzanti, Massimiliano, 2003. "Valuing cultural heritage in a multi-attribute framework microeconomic perspectives and policy implications," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 32(5), pages 549-569, November.
    15. Douglas S. Noonan & Ilde Rizzo, 2017. "Economics of cultural tourism: issues and perspectives," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 41(2), pages 95-107, May.

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