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June 16th

Workshop I | Arts & Economics | Prof. Dr. Bruno Frey & Dr. Jana Gallus

Seemooser Horn, LZ 07

Prof. Dr. Bruno Frey
Prof. Dr. Bruno Frey

Topics

What has economics to do with the arts?

  • Analytical approach: rational choice analysis and extensions
  • Content: Insights of art economics


Is investment in art profitable?

  • How to calculate the rate of return
  • Critical issues
  • Results


Copies and fakes in art

  • Beneficial and harmful effects
Dr. Jana Gallus
Dr. Jana Gallus

Who collects art?

  • Who are the art collectors?
  • The home bias in art collection


The evaluation of cultural property

  • Various analytical approaches


The economics of museums and art exhibitions

  • Basic economic issues
  • Superstar museums
  • In what respect do art exhibitions differ from museums?



Literature
Towse, Ruth (2014), Cultural Economics, Elgar, Cheltenham.
Frey, Bruno S. and Pommerehne, Werner (1989), Muses and Markets, Blackwell, Oxford
Frey, Bruno S. (2003), Arts and Economics, Springer, Berlin, 2nd ed.