nep-cul New Economics Papers
on Cultural Economics
Issue of 2008‒11‒11
nine papers chosen by
Roberto Zanola
University of the Piemonte Orientale

  1. Le commerce en ligne des œuvres d'art By Victor Lebreton; Xavier Greffe
  2. The "De Medici New Generation": The Italian Foundations' Collections and Philanthropy in the Third Millennium By BESANA, ANGELA
  3. Determinants of Historic and Cultural Landmark Designation: Why We Preserve What We Preserve By Krupka, Douglas J.; Noonan, Douglas S.
  4. Testing the Melitz Model of Trade: An Application to U.S. Motion Picture Exports By Gordon H. Hanson; Chong Xiang
  5. The Built Heritage : Some British Experience By S.W. CREIGH-TYTE
  6. When the TV news scheduling game when the newscaster’s face matters By GABSZEWICZ, Jean J.; LAUSSEL, Didier; SONNAC, Nathalie
  7. The TV news scheduling game when the newscasterÕs face matters By Jean J., GABSZEWICZ; Didier, LAUSSEL; Nathalie, SONNAC
  8. Empirically Testing for Indirect Network Externalities in the LCD Television Market By Patrick A. Scholten; Jeffrey A. Livingston; David Ortmeyer; Wilson Wong
  9. Blogs and the Economics of Reciprocal Attention By Gaudeul, Alexia; Mathieu, Laurence; Peroni, Chiara

  1. By: Victor Lebreton (CES - Centre d'économie de la Sorbonne - CNRS : UMR8174 - Université Panthéon-Sorbonne - Paris I); Xavier Greffe (CES - Centre d'économie de la Sorbonne - CNRS : UMR8174 - Université Panthéon-Sorbonne - Paris I)
    Abstract: La vente en ligne d'œuvres d'art devient un moyen important d'échange et de commercialisation des œuvres. Nous étudions cette nouvelle façon de mettre en contact acheteur e t vendeur à travers de sites spécialisés. Ce chapitre d'ouvrage comprend des tableaux comparatifs des portails et maison de vente en ligne d'œuvre d'art et d'antiquités.
    Keywords: Vente a distance;VAD;marché de l'art;internet;commerce de l'art;portail web;maison de vente;vente en ligne;marche de l'art;antiquités
    Date: 2008–09
    URL: http://d.repec.org/n?u=RePEc:hal:cesptp:hal-00332822_v1&r=cul
  2. By: BESANA, ANGELA
    Abstract: Lorenzo de Medici, his family and his followers were well-known bankers, merchants and investors. The cultural heritage of Tuscany and Italy profited by a very great influence of this Highlighted Sponsor. Tuscany is nowadays a comprehensive heritage, one of the treasure the Italian Cultural Market has inherited. Since de Medici’s century, the bank industry has experienced a strong involvement in the support of the Italian culture. The bank industry is nowadays split in “for profit” and “not for profit” branches. The not for profit is connected with bank foundations, lately born in Italy (1990). Bank foundations are fund-givers of big philanthropy next to Public Administrations and foundations of big-sized Italian Firms of the famous “Made in Italy. Next to banks and bank foundations’ there is also corporate philanthropy of several Italian Firms. The assets and philanthropy of Italian Corporate Foundations have not been fully investigated yet. Corporate Foundations do develop exhibiting goals too, collecting and showing works of art of traditional and recent categories (from paintings to applied arts; from sculptures to design). In the economical literature Bank foundations have been mostly investigated recently. Nevertheless, bank and corporate foundations are not only grant-makers. Having collected arts and heritages through their bank and investing policies and services, they are now realizing their exhibiting potentials. Bank Foundation Museums, Industrial Museums and Corporate collections are now estimated as an opportunity to strengthen the relationship between foundations and their cultural stakeholders. Art collections are part of the communication mix and branding of the propensity to arts and heritage commitment. This paper contains, first of all, an analysis of criteria of Italian Foundations Philanthropy, particularly of Bank Foundations. It will be, secondly, discussed of strategies and polarities of grant-making and operating in the arts. Collections and Museums will be studied in their implementation process, both offline and online. Cataloguing will be demonstrated as refers to international standards. Networking strategies with national and international institutions will be examined, in order to justify the touring of collections. It will be finally verified the wideness and correlation of grant-making and operating of these foundations in the economics of culture.
    Keywords: philanthropy; collection; foundation; bank; corporate
    JEL: D21 L30 D64 D52 G20
    Date: 2008–10–30
    URL: http://d.repec.org/n?u=RePEc:pra:mprapa:11215&r=cul
  3. By: Krupka, Douglas J. (IZA); Noonan, Douglas S. (Georgia Tech)
    Abstract: There is much interest among cultural economists in assessing the effects of heritage preservation policies. There has been less interest in modeling the policy choices made in historic and cultural landmark preservation. This paper builds an economic model of a landmark designation that highlights the tensions between the interests of owners of cultural amenities and the interests of the neighboring community. We perform empirical tests by estimating a discrete choice model for landmark preservation using data from Chicago, combining the Chicago Historical Resources Survey of over 17,000 historic structures with property sales, Census, and other geographic data. The data allow us to explain why some properties were designated landmarks (or landmark districts) and others were not. The results identify the influence of property characteristics, local socio-economic factors, and measures of historic and cultural quality. The results emphasize the political economy of implementing preservation policies.
    Keywords: heritage preservation policy, landmark designation
    JEL: Z1 R52 D78
    Date: 2008–10
    URL: http://d.repec.org/n?u=RePEc:iza:izadps:dp3777&r=cul
  4. By: Gordon H. Hanson; Chong Xiang
    Abstract: In this paper, we develop a simple empirical method to test two alternative versions of the Melitz (2003) model, one with global fixed export costs and one with bilateral fixed export costs. With global costs, import sales per product variety (relative to domestic sales per variety) are decreasing in variable trade barriers, as a result of adjustment occurring along the intensive margin of trade. With bilateral costs, imports per product variety are increasing in fixed trade costs, due to adjustment occurring along the extensive margin. We apply our approach to data on imports of U.S. motion pictures in 46 countries over 1995-2006. Imports per product variety are decreasing in geographic distance, linguistic distance, and other measures of trade costs, consistent with adjustment to these costs occurring along the intensive margin. There is relatively little variation in the number of U.S. movies that countries import but wide variation in the box-office revenues per movie. The data thus appear to reject the bilateral-fixed-export-cost model in favor of the global-fixed-export-cost model.
    JEL: F12 F2
    Date: 2008–10
    URL: http://d.repec.org/n?u=RePEc:nbr:nberwo:14461&r=cul
  5. By: S.W. CREIGH-TYTE (Department for Culture, Media and Sport, London)
    Abstract: This paper provides a brief overview of policy intervention mecha-nisms affecting the préservation of the historié environment in Britain. This covers half a million "listed buildings" in England alone. Within this policy framework, the paper then discusses stated préférence valuation exercises on the built environment and the results of a long - term exercise comparing returns of listed and unlisted office properties in the UK since 1980.
    Keywords: built heritage, policy mechanisms, valuation and returns
    JEL: H59 Q38 Z10
    Date: 2008–08–12
    URL: http://d.repec.org/n?u=RePEc:ctl:louvre:2000002&r=cul
  6. By: GABSZEWICZ, Jean J. (Université catholique de Louvain (UCL). Center for Operations Research and Econometrics (CORE)); LAUSSEL, Didier; SONNAC, Nathalie
    Abstract: The present note first provides an alternative formulation of the Cancian, Bills and Bergström (1995)- problem which discards the non-existence difficulty and consequently allows to consider some extensions of the TV-newscast scheduling game. The extension we consider consists in assuming that viewers'preferences between the competing channels do not depend only on the timing of their broadcast, but also on some other characteristics, like the content of the show or the identity of the newscaster. Then we identify a sufficient condition on the dispersion of these preferences over the viewers' population guaranteeing the existence of a unique Nash equilibrium. It turns out that, at this equilibrium, both networks broadcast their news at the same instant.
    Keywords: advertising, newspapers quality
    JEL: L15 L82
    Date: 2008–05
    URL: http://d.repec.org/n?u=RePEc:ctl:louvco:2008032&r=cul
  7. By: Jean J., GABSZEWICZ (UNIVERSITE CATHOLIQUE DE LOUVAIN, Center for Operations Research and Econometrics (CORE)); Didier, LAUSSEL; Nathalie, SONNAC
    Abstract: The present note first provides an alternative formulation of the Cancian, Bills and Bergstršm (1995) - problem which discards the non-existence difficulty and consequently allows to consider some extensions of the TV-newscast scheduling game. The extension we consider consists in assuming that viewersÕ preferences between the competing channels do not depend only on the timing of their broadcast, but also on some other characteristics, like the content of the show or the identity of the newscaster. Then we identify a sufficient condition on the dispersion of these preferences over the viewersÕ population guaranteeing the existence of a unique Nash equilibrium. It turns out that, at this equilibrium, both networks broadcast their news at the same instant.
    Keywords: advertising; newspaper quality
    JEL: L15 L82
    Date: 2008–06–18
    URL: http://d.repec.org/n?u=RePEc:ctl:louvec:2008020&r=cul
  8. By: Patrick A. Scholten (Bentley University); Jeffrey A. Livingston (Bentley University); David Ortmeyer (Bentley University); Wilson Wong (Bentley University)
    Abstract: This paper examines price data on over 222 LCD televisions to estimate indirect network effects arising from two sources. First, we conjecture that the disconnect between the timing of when broadcasters are required to convert to an only digital-signal world and when television manufacturers were required to have an ATSC digital tuner install on all new televisions has created an indirect network effect whereby television that are backward compatible with the analog QAM and VSB-8 systems have short-run value. Over time, however, we argue that the ATSC digital tuner will become more valuable. The second indirect network effect we estimate stems from the number and types of ports available on LCD televisions. In each case, we find statistically significant evidence for the presence of indirect network effects in the market for LCD televisions.
    Keywords: HDTV, Internet, Connectivity, Compatibility, Indirect Network Externalities
    JEL: L81 L86 M21
    Date: 2008–11
    URL: http://d.repec.org/n?u=RePEc:net:wpaper:0840&r=cul
  9. By: Gaudeul, Alexia; Mathieu, Laurence; Peroni, Chiara
    Abstract: Blogs differ from other media in that authors are usually not remunerated and inscribe themselves in communities of similarly minded individuals. Bloggers value reciprocal attention, interaction with other bloggers and information from reading other blogs; they value being read but also writing itself, irrespective of an audience. A novel dataset from a major blogging community, LiveJournal, is used to verify predictions from a model of social networking. Content production and blogging activity are found to be related to the size and degree of asymmetry of the relational networks in which bloggers are inscribed.
    Keywords: Blog; Internet; Media; Community; Social Network; Reciprocity; Livejournal; Web 2.0
    JEL: L82 Z13 D85
    Date: 2008–10–28
    URL: http://d.repec.org/n?u=RePEc:pra:mprapa:11298&r=cul

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