Beyond Price: Value in Culture, Economics, and the Arts

by Edited by Michael Hutter , David Throsby

• ISBN13: 9780521862233
• ISBN10: 052186223X
• Edition: 1st
• Format: Hardcover
• Copyright: 2007-12-10
• Publisher: Cambridge University Press

Summary

Much recent discussion surrounding valuation of the arts and culture, particularly in the policy arena, has been dominated by a concern to identify an economic and financial basis for valuation of art works, arts and activities. This book moves beyond the limitations implicit in a narrow economic approach, bringing different disciplinary viewpoints together, opening up a dialogue between scholars about the processes of valuation that they use, and exploring differences and identifying common ground between the various viewpoints. The book's common theme - the tension between economic and cultural modes of evaluation - unites the chapters, making it a coherent and unified volume that provides a new and unique perspective on how we value art.

Table of Contents

List of Contributors	p. ix
Preface	p. xv
Value and Valuation in Art and Culture: Introduction and Overview	p. 1
Origins of Meaning
Creating Value between Cultures: Contemporary Australian Aboriginal Art	p. 23
Entertainment Value: Intrinsic, Instrumental, and Transactional	p. 41
Creating Artistic from Economic Value: Changing Input Prices and New Art	p. 60
The Creation of Value in Artistic Work
The Creation of Value by Artists: The Case of Hector Berlioz and the Symphonie Fantastique	p. 75
Art, Honor, and Excellence in Early Modern Europe	p. 89
Rubbish and Aura: Archival Economics	p. 106
Continuity and Innovation
Value in Yolngu Ceremonial Song Performance: Continuity and Change	p. 127
The Ritual and the Promise: Why People Value Social Ritual	p. 141
"More than Luther of These Modern Days": The Construction of Emerson's Reputation in American Culture, 1882-1903	p. 159
Appreciation and Ranking
Quantitative Approaches to Valuation in the Arts, with an Application to Movies	p. 179
Confluences of Value: Three Historical Moments	p. 200
The Intrinsic Value of a Work of Art: Masaccio and the Chapmans	p. 220
Time and Preferences in Cultural Consumption	p. 236
Cultural Policies
What Values Should Count in the Arts? The Tension between Economic Effects and Cultural Value	p. 261
The Public Value of Controversial Art: The Case of the Sensation Exhibit	p. 270
Going to Extremes: Commercial and Nonprofit Valuation in the U.S. Arts System	p. 283
Index	p. 299
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