nep-cul New Economics Papers
on Cultural Economics
Issue of 2016‒01‒18
three papers chosen by
Roberto Zanola
Università degli Studi del Piemonte Orientale

  1. Co-production practices between museums and culture-based companies By Michele Tamma; Chiara Isadora Artico
  3. Time Scarcity and the Market for News By Larbi Alaoui; Fabrizio Germano

  1. By: Michele Tamma (Dept. of Management, Università Ca' Foscari Venice); Chiara Isadora Artico (Dept. of Management, Università Ca' Foscari Venice)
    Abstract: In the last decades museums have been pushed to adopt a range of strategies to cope with an increasingly challenging environment. In response to evolving cultural policies, lack of public funds available, the need to respond to social demands and better relate with territory and communities, museums are seeking other ways of working, including building relationships with stakeholders, and creating a mixed economy of public and private collaboration. The paper focuses on what are the development opportunities and organisational impacts that take shape when a museum adopts a particular type of strategy: the co-production with culture-based companies. The study relates to the ongoing discussions about "the new museology", the development of participatory practices, public and private partnerships, "culture and business". An exploratory research was conducted through three cases of co-production between heritage museums and firms especially sensitive to cultural strategies and cooperation with cultural organizations.
    Keywords: Museum management, Cooperation and collaboration (strategies and practices), Culture-based companies, Culture and Creative Industries
    JEL: M1
    Date: 2015–12
  2. By: Esteve Dot Jutgla; Montserrat Pallares-Barbera
    Abstract: La evolución de la ciudad postindustrial se reestructuró a partir de nuevas actividades, generalmente de servicios, en espacios donde previamente se habían desarrollado procesos de desindustrialización. El objetivo de este artículo es analizar como el patrimonio industrial se convierte en un elemento competitivo de la ciudad del conocimiento, dónde el sector público presionado por los movimientos ciudadanos, introduce políticas de protección de este patrimonio en favor de la construcción de la ciudad cultural. La pregunta estructural es analizar cómo se produce el patrimonio industrial, cómo se consume, y cuáles son los agentes que participan en ambos procesos; y cómo el patrimonio deviene un elemento básico del proceso de revitalización económica y de compacidad urbana en el Poblenou-22@Barcelona; finalmente se postula como esta estrategia representa un Nuevo Modelo Barcelona. La política de clústeres en el área del Poblenou, donde se localiza el plan 22@Barcelona, representó una propuesta innovadora para la transformación urbanística, económica y social de la ciudad de Barcelona.
  3. By: Larbi Alaoui (Universitat Pompeu Fabra and Barcelona Graduate School of Economics); Fabrizio Germano (Universitat Pompeu Fabra and Barcelona Graduate School of Economics)
    Abstract: We develop a theory of news coverage in environments of information abundance that include both new and traditional news media, from online and print newspapers to radio and television. News consumers are time-constrained and browse through news items that are available across competing outlets, choosing which outlets to access and which stories to read or skip. Media firms are aware of consumers’ preferences and constraints, and decide on rankings of news items that maximize their profits. We find that the news consumed in equilibrium is highly sensitive to the details of the environment. We show that even when readers and outlets are rational and unbiased, readers may consume more than they would like to, and the news items they consume may be significantly different from the ones they prefer. Important news items may be crowded out. Next, we derive implications on diverse aspects of current media, including a rationale for tabloid news, a rationale for why readers prefer like-minded news, and how advertising can contribute to crowding out news. We also analyze methods for restoring reader-efficient standards and discuss the political economy implications of the theory.
    Keywords: news markets, time constrained consumers, digital media, news coverage, public media.
    JEL: D80 H44 L82 L86
    Date: 2015–12–27

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