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on Cultural Economics |
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Issue of 2021‒08‒23
three papers chosen by Roberto Zanola Università degli Studi del Piemonte Orientale |
| By: | Dolan, Paul; Kavetsos, Georgios; Krekel, Christian; Mavridis, Dimitris; Metcalfe, Robert; Senik, Claudia; Szymanski, Stefan; Ziebarth, Nicolas R. |
| Abstract: | Hosting the Olympic Games costs billions of taxpayer dollars. Following a quasi-experimental setting, this paper assesses the intangible impact of the London 2012 Olympics, using a novel panel of 26,000 residents in London, Paris, and Berlin during the summers of 2011, 2012, and 2013. We show that hosting the Olympics increases subjective well-being of the host city's residents during the event, particularly around the times of the opening and closing ceremonies. However, we do not find much evidence for legacy effects. Estimating residents' implicit willingness-to-pay for the event, we do not find that it was worth it for London alone, but a modest well-being impact on the rest of the country would make hosting worth the costs. |
| Keywords: | Subjective well-being; Life satisfaction; Happiness; Intangible effects; Olympic Games; Sport events; Quasi-natural experiment |
| JEL: | I30 I31 I38 L83 |
| Date: | 2019–09–01 |
| URL: | http://d.repec.org/n?u=RePEc:ehl:lserod:101387&r= |
| By: | Le, Tam-Tri |
| Abstract: | The video game industry is having problems of placing short-term monetary gain over long-term vision. |
| Date: | 2021–08–03 |
| URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:7x53v&r= |
| By: | Anjali Adukia; Alex Eble; Emileigh Harrison; Hakizumwami Birali Runesha; Teodora Szasz |
| Abstract: | Books shape how children learn about society and social norms, in part through the representation of different characters. To better understand the messages children encounter in books, we introduce new artificial intelligence methods for systematically converting images into data. We apply these image tools, along with established text analysis methods, to measure the representation of race, gender, and age in children’s books commonly found in US schools and homes over the last century. We find that more characters with darker skin color appear over time, but "mainstream" award-winning books, which are twice as likely to be checked out from libraries, persistently depict more lighter-skinned characters even after conditioning on perceived race. Across all books, children are depicted with lighter skin than adults. Over time, females are increasingly present but are more represented in images than in text, suggesting greater symbolic inclusion in pictures than substantive inclusion in stories. Relative to their growing share of the US population, Black and Latinx people are underrepresented in the mainstream collection; males, particularly White males, are persistently overrepresented. Our data provide a view into the "black box" of education through children’s books in US schools and homes, highlighting what has changed and what has endured. |
| JEL: | I21 I24 J15 J16 Z1 |
| Date: | 2021–08 |
| URL: | http://d.repec.org/n?u=RePEc:nbr:nberwo:29123&r= |