Measuring the Value of Culture: Methods and Examples in Cultural Economics

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9783642093777: Measuring the Value of Culture: Methods and Examples in Cultural Economics

This book documents the use of methods that put a value on cultural goods, including theater, cultural events, museums, archeological sites, and libraries. The author sets forth the advantages and disadvantages of each method using case studies to illustrate how they work. Moreover, the theoretical background of the methods and the kind of information they can provide are discussed. Both market and non-market valuation techniques are covered.

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Acknowledgement of the value of culture and cultural goods is increasing world-wide. So too is interest in finding methods to quantify this value so that governments and private sponsors can make efficient funding decisions. "Measuring the Value of Culture" documents methods that can be used to put a price on the arts and cultural goods, including theatre, heritage, cultural events (like arts festivals), museums, archaeological sites and libraries.

The methods discussed include economic impact studies, which use market data, as well as non-market valuation techniques, like willingness to pay studies, and the newer choice experiments. In addition, advances in more qualitative valuation methods are considered.

The book aims to give practitioners a practical guide to conducting such valuation studies, while also providing potential funders with a means of interpreting the results. The theoretical background of the various methods, their potential problems and the kind of information they can provide is also discussed.

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"Snowball explores ... some new directions in this well written, lucid, and compact study of valuation studies in the field of the arts. ... an important book for anyone interested in valuation studies and especially for those who study the worlds of the arts. ... Snowball provides a thorough review, discussion, and evaluation of economic impact studies ... and the willingness to pay method. ... Those who are about to set up their own willingness to pay study will find this book an excellent source." (Arjo Klamer, Journal of Economic Literature, Vol. XLVII, June, 2009)

“Jeanette Snowball succeeds in writing a book of interest to regional scientists ... . the entire book has much to recommend it to serious scholars grappling with measuring the regional economic values and impacts of sectors ranging beyond just culture and the arts.” (Bruce A. Seaman, Journal of Regional Science, Vol. 50 (3), 2010)

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Book Description Springer. Paperback. Book Condition: New. Paperback. 230 pages. Dimensions: 9.0in. x 6.0in. x 0.6in.This book documents the use of methods that put a value on cultural goods, including theater, cultural events, museums, archeological sites, and libraries. The author sets forth the advantages and disadvantages of each method using case studies to illustrate how they work. Moreover, the theoretical background of the methods and the kind of information they can provide are discussed. Both market and non-market valuation techniques are covered. This item ships from multiple locations. Your book may arrive from Roseburg,OR, La Vergne,TN. Paperback. Bookseller Inventory # 9783642093777

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Book Description Springer-Verlag Berlin and Heidelberg GmbH Co. KG, Germany, 2010. Paperback. Book Condition: New. Language: English . Brand New Book ***** Print on Demand *****.This book documents the use of methods that put a value on cultural goods, including theater, cultural events, museums, archeological sites, and libraries. The author sets forth the advantages and disadvantages of each method using case studies to illustrate how they work. Moreover, the theoretical background of the methods and the kind of information they can provide are discussed. Both market and non-market valuation techniques are covered. Softcover reprint of hardcover 1st ed. 2008. Bookseller Inventory # AAV9783642093777

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