The Experts below are selected from a list of 11010 Experts worldwide ranked by ideXlab platform
Rafael Rubião - One of the best experts on this subject based on the ideXlab platform.
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A SHORT BUT DEEP DIVE INTO THE Economics of Arts: ART ENTREPRENEURS IN A PERIPHERAL MARKET
2018Co-Authors: Rafael RubiãoAbstract:This article analyzes the organization, functioning, and peculiarities of the local visual Arts market of the Brazilian city of Belo Horizonte, which has the third largest metropolitan area of the country. Furthermore, we also explore the perspectives for the young artists entering this market. For this purpose, semi-structured interviews were applied directly to the owners or managers of the citys art galleries. Between August 2014 and January 2015, 26 galleries were visited, out of the 30 identified. Based on observations made in the fieldwork, on the plethora of themes that appeared throughout the interviews, and on the patterns identified in the tables, it was possible to organize the art galleries in four distinct types: (1) retail art galleries, (2) contemporary art galleries, (3) institutional galleries, and (4) alternative galleries. Organizing the main arguments of the interviewees and applying the Thematic Networks methodology, we found that the weakness of the entrepreneurial efforts in the local art market seems to be an outstanding feature jeopardizing innovation. We also found that there are two kinds of art galleries providing solutions to this.
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A Short but Deep Dive into the Economics of Arts
2018Co-Authors: Rafael RubiãoAbstract:This article analyzes the organization, functioning, and peculiarities of the local visual Arts market of the Brazilian city of Belo Horizonte, which has the third largest metropolitan area of the country. Furthermore, we also explore the perspectives for the young artists entering this market. For this purpose, semi-structured interviews were applied directly to the owners or managers of the city's art galleries. Between August 2014 and January 2015, 26 galleries were visited, out of the 30 identified. Based on observations made in the fieldwork, on the plethora of themes that appeared throughout the interviews, and on the patterns identified in the tables, it was possible to organize the art galleries in four distinct types: (1) retail art galleries, (2) contemporary art galleries, (3) institutional galleries, and (4) alternative galleries. Organizing the main arguments of the interviewees and applying the Thematic Networks methodology, we found that the weakness of the entrepreneurial efforts in the local art market seems to be an outstanding feature jeopardizing innovation. We also found that there are two kinds of art galleries providing solutions to this.
Werner W. Pommerehne - One of the best experts on this subject based on the ideXlab platform.
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Low-cost decisions as a challenge to public choice
The Next Twenty-five Years of Public Choice, 1993Co-Authors: Gebhard Kirchgässner, Werner W. PommerehneAbstract:In the last 25 years we have seen a great deal of success in the scientific research programme called ‘public choice’. One of the main aims of this programme is to develop positive theories of political processes, like theories of voting behaviour, of government behaviour, of bureaucratic behaviour, and of interest group behaviour, just to mention the most important theory sets in this area.1 The methodological core of this research programme consists in the economic model of behaviour, the ‘homo oeconomicus’, or ‘rational evaluating maximising man’ (REMM), as he is sometimes called (see, e.g., Brunner, 1987). It is assumed that individuals (subjectively) evaluate different action possibilities according to the perceived costs and benefits, and that they choose that action which promises the highest expected net benefit. During recent decades this standard methodological approach in Economics has — in a kind of ‘imperialism’ — been applied to decisions largely outside the realm of traditional Economics. Thus, new sub-disciplines have been created, for example, ‘the economic analysis of law’, ‘the economic analysis of the family’, or ‘the Economics of Arts’, to name just a few. Public choice is the application of this approach to political (public sector) decisions, and in this area it is a successful competitor of traditional political science, which follows more or less a ‘public interest’ approach, i.e., assuming that political decision makers do not follow their own personal interests but have strong enough incentives to pursue the interests of society or at least of the social group to which they belong.
Gebhard Kirchgässner - One of the best experts on this subject based on the ideXlab platform.
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Low-cost decisions as a challenge to public choice
The Next Twenty-five Years of Public Choice, 1993Co-Authors: Gebhard Kirchgässner, Werner W. PommerehneAbstract:In the last 25 years we have seen a great deal of success in the scientific research programme called ‘public choice’. One of the main aims of this programme is to develop positive theories of political processes, like theories of voting behaviour, of government behaviour, of bureaucratic behaviour, and of interest group behaviour, just to mention the most important theory sets in this area.1 The methodological core of this research programme consists in the economic model of behaviour, the ‘homo oeconomicus’, or ‘rational evaluating maximising man’ (REMM), as he is sometimes called (see, e.g., Brunner, 1987). It is assumed that individuals (subjectively) evaluate different action possibilities according to the perceived costs and benefits, and that they choose that action which promises the highest expected net benefit. During recent decades this standard methodological approach in Economics has — in a kind of ‘imperialism’ — been applied to decisions largely outside the realm of traditional Economics. Thus, new sub-disciplines have been created, for example, ‘the economic analysis of law’, ‘the economic analysis of the family’, or ‘the Economics of Arts’, to name just a few. Public choice is the application of this approach to political (public sector) decisions, and in this area it is a successful competitor of traditional political science, which follows more or less a ‘public interest’ approach, i.e., assuming that political decision makers do not follow their own personal interests but have strong enough incentives to pursue the interests of society or at least of the social group to which they belong.
Roberto Zanola - One of the best experts on this subject based on the ideXlab platform.
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The art of benchmarking: Picasso prints and auction house performance
Applied Economics, 2006Co-Authors: Finn R. Førsund, Roberto ZanolaAbstract:The influence of the auction house on the price of comparable art objects is an issue in the Economics of Arts literature. The standard approach has been to run hedonic price regressions including the auction house as a dummy variable. The approach in this paper is to apply benchmarking tools developed in the efficiency and productivity literature directly to the auction house as a unit. New performance indices are developed based on a DEA benchmarking technique to analyse auction houses. The new indices discriminate well between auction houses by allowing one to identify both contemporaneous and inter-temporal performances. Additional best performance results are obtained for specific attributes.
Finn R. Førsund - One of the best experts on this subject based on the ideXlab platform.
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The art of benchmarking: Picasso prints and auction house performance
Applied Economics, 2006Co-Authors: Finn R. Førsund, Roberto ZanolaAbstract:The influence of the auction house on the price of comparable art objects is an issue in the Economics of Arts literature. The standard approach has been to run hedonic price regressions including the auction house as a dummy variable. The approach in this paper is to apply benchmarking tools developed in the efficiency and productivity literature directly to the auction house as a unit. New performance indices are developed based on a DEA benchmarking technique to analyse auction houses. The new indices discriminate well between auction houses by allowing one to identify both contemporaneous and inter-temporal performances. Additional best performance results are obtained for specific attributes.
