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

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, whi...