21201549 ECONOMY OF CULTURE in Environment and Development Economics LM-56 SPINESI LUCA
(syllabus)
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.
(reference books)
David Throsby. Cultural Economics. Cambridge University Press, 2000.
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