Overview
Includes market and non-market valuation techniques
Benefits and problems of each method are discussed
Practical examples including questionnaire structure and analysis of results
Up-to-date case studies
Includes supplementary material: sn.pub/extras
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Table of contents (8 chapters)
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Front Matter
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Back Matter
Keywords
About this book
Interest in, and acknowledgement of, the value of culture and cultural goods is increasing world-wide. So too is interest in valuing the arts so that efficient funding decisions can be made by government and private sponsors. "Measuring the Value of Culture" documents the use of methods used to put a price on cultural goods, including theatre, heritage, cultural events like arts festivals, museums, archaelogical 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 methods 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 evaluating the results. The theoretical background of the various methods, their potential problems and the kind of information they can provide is also discussed.
Reviews
From the reviews:
"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)
Authors and Affiliations
Bibliographic Information
Book Title: Measuring the Value of Culture
Book Subtitle: Methods and Examples in Cultural Economics
Authors: Jeanette D. Snowball
DOI: https://doi.org/10.1007/978-3-540-74360-6
Publisher: Springer Berlin, Heidelberg
eBook Packages: Business and Economics, Economics and Finance (R0)
Copyright Information: Springer-Verlag Berlin Heidelberg 2008
Hardcover ISBN: 978-3-540-74355-2Published: 26 October 2007
Softcover ISBN: 978-3-642-09377-7Published: 19 October 2010
eBook ISBN: 978-3-540-74360-6Published: 25 October 2007
Edition Number: 1
Number of Pages: XI, 230
Topics: Microeconomics, Regional/Spatial Science