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Description - Beyond Price by Michael Hutter

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, activities and more general ways in which we express our culture. Whereas a great deal can be gained from a fuller understanding of the economic value of art, there is a real danger that financial considerations will tend to crowd out all other aspects of value. 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.

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Book Details

ISBN: 9780521862233
ISBN-10: 052186223X
Format: Hardback
(228mm x 152mm x 25mm)
Pages: 334
Imprint: Cambridge University Press
Publisher: Cambridge University Press
Publish Date: 10-Dec-2007
Country of Publication: United Kingdom

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Author Biography - Michael Hutter

Michael Hutter is Professor of Economics at Witten/Herdecke University, Germany, and holds the Chair for Economic Theory at that University. He has an extensive list of publications in the areas of economic theory, philosophy and the economics of art and culture. He is a co-editor of Soziale Systeme: Zeitschrift fur soziologische Theorie, and a member of the Editorial Boards of the Journal of Cultural Economics and the European Journal of Law and Economics. Professor Hutter is a past President of the Association for Cultural Economics International, and has held visiting appointments at the New School of Social Research (New York), the European University (Florence), the University of Catania, the University of Innsbruck and the University of California at Berkeley. In the fall of 2003 he was a Visiting Scholar at the Getty Research Institute, Los Angeles. David Throsby is Professor of Economics at Macquarie University in Sydney, Australia. He has published widely in the economics of the arts and culture, and the relationship between cultural and economic policy. His research has focused on demand and supply in the performing arts, the role of artists as economic agents, cultural policy, culture in economic development, sustainability and cultural capital, theories of value in the arts and culture, and the economics of heritage conservation. He is a past President of the Association for Cultural Economics International, and is a member of the Editorial Boards of the Journal of Cultural Economics, Poetics, and the International Journal of Cultural Policy. Professor Throsby's most recent book, Economics and Culture, was published by Cambridge University Press in 2001, and has now appeared also in Spanish, Italian, Chinese, Korean and Japanese translations. He is also co-editor of the Handbook of the Economics of Art and Culture (2006). He is currently working on a book on the economics of cultural policy.

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