IDEAS home Printed from https://ideas.repec.org/p/ags/motuwp/291383.html
   My bibliography  Save this paper

Value and Culture

Author

Listed:
  • Allan, Corey
  • Grimes, Arthur
  • Kerr, Suzi

Abstract

This paper seeks to clarify the understanding of value in the cultural context, using economics concepts. We develop an economic framework for thinking about value in the cultural context and discuss how well various valuation techniques are able to account for such values. We also discuss why actual outcomes for the production of cultural and heritage services may differ from what would be considered ‘optimal’ in the economic context. The aim is to outline a framework which can assist policy makers in the cultural sector to intervene more cost-effectively and be more conscious of trade-offs amongst different cultural values.

Suggested Citation

  • Allan, Corey & Grimes, Arthur & Kerr, Suzi, 2013. "Value and Culture," Motu Working Papers 291383, Motu Economic and Public Policy Research.
    • Handle: RePEc:ags:motuwp:291383
    DOI: 10.22004/ag.econ.291383
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/291383/files/13_09.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.291383?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:motuwp:291383. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/motuenz.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.