The course considers the analysis of cultural economics. To this aim, the main economic theoretical foundations are presented jointly with the fundamental practical issues of cultural economics. In particular, the analysis of consumers preferences and utility typical of cultural economics is carried out. The course analyses the definition and concept of cultural capital, and cultural sustainability. In this respect the role of externalities and public goods, and the phenomena of the cost disease are analyzed both theoretically and empirically. Moreover, the role of intellectual property rights and specific analyses of museums, cultural heritage, auction for arts, are analyzed.
teacher profile teaching materials
Consumers preferences and utility typical of cultural economics: rational addiction and learning by consumption
Cultural capital and cultural sustainability: definition and analysis
Externalities and public goods
Social Welfare in cultural economics
The model of Baumol/Bowen: cost disease
Imperfect competition and price discrimination in cultural goods and services
The role of intellectual property rights for the arts
Specific analyses of museums, cultural heritage
Auction for art goods.
David Throsby. Cultural Economics. Cambridge University Press, 2000.
Programme
Economic theoretical foundations of cultural economics.Consumers preferences and utility typical of cultural economics: rational addiction and learning by consumption
Cultural capital and cultural sustainability: definition and analysis
Externalities and public goods
Social Welfare in cultural economics
The model of Baumol/Bowen: cost disease
Imperfect competition and price discrimination in cultural goods and services
The role of intellectual property rights for the arts
Specific analyses of museums, cultural heritage
Auction for art goods.
Core Documentation
lecture notes and other materials will be provided to students. The lecture notes are available on the Moodle website, Department of Economics.David Throsby. Cultural Economics. Cambridge University Press, 2000.
Type of delivery of the course
Written examination. Oral examination when online.Type of evaluation
Written examination. Oral examination when online.