nep-cul New Economics Papers
on Cultural Economics
Issue of 2005‒12‒20
two papers chosen by
Roberto Zanola
Universita degli Studi del Piemonte Orientale

  1. Protecting Cultural Monuments Against Terrorism By Bruno S. Frey; Dominic Rohner
  2. Matchmakers in Wine Marketing Channels : The Case of French Wine Brokers WINE BROKERS By Virginie Baritaux; Magali Aubert; Etienne Montaigne; Hervé Remaud

  1. By: Bruno S. Frey; Dominic Rohner
    Abstract: Famous cultural monuments are often regarded as unique icons, making them an attractive target for terrorists. Despite huge military and police outlays, terrorist attacks on important monuments can hardly be avoided. We argue that an effective strategy for discouraging terrorist attacks on iconic monuments is for the government to show a firm commitment to swift reconstruction. Using a simple game-theoretic model, we demonstrate how a credible claim to rebuild any cultural monuments destroyed discourages terrorist attacks by altering the terrorists’ expectations and by increasing the government’s reputation costs if they fail to rebuild.
    Keywords: Terrorism; Culture; Monuments; Counter-terrorism; Deterrence.
    JEL: D74 H56 Z10
    Date: 2005–11
  2. By: Virginie Baritaux (UMR MOISA - INRA - Montpellier France); Magali Aubert (UMR MOISA - INRA - Montpellier France); Etienne Montaigne (UMR MOISA - AGRO.M - Montpellier France); Hervé Remaud (UMR MOISA-AGRO.M - Montpellier France)
    Abstract: Wine brokers are wholesale intermediaries. They belong to the category of the matchmaker intermediaries. These middlemen are not well known. Their role is to help buyers and sellers of bulk wine to meet and transact. Assuming that wine merchants appeal to brokers because they reduce transaction costs, we analyze how a broker intervention can reduce search costs, negotiation costs, and monitoring and enforcement costs of a transaction on bulk wine. A data base of contracts on bulk vins de table and vins de pays is used to estimate a logistic model of the probability “broker intervention”.
    Keywords: Broker, Matchmaker, Marketing Channels, Wine, Transaction costs, France
    JEL: L11 L14 L22
    Date: 2005–12–15

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