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15th International Conference on Cultural Economics Association for Cultural Economics International In cooperation with Northeastern University and The Department of Economics June 12-15, 2008 Boston, Massachusetts, USA Fifteenth International Conference on Cultural Economics June 12-15, 2008 Boston, Massachusetts Conference Committee: Gillian Doyle (chair), Glasgow University, Scotland, UK. Neil Alper, Northeastern University, USA Lluís Bonet, University of Barcelona, Spain Carlos Ulibarri, New Mexico Institute of Mining and Technology, USA. ACEI Conference Schedule THURSDAY, June 12, 2008 18:30 – 20:00 Opening Reception at the Colonnade Hotel/ Conference Registration FRIDAY, June 13, 2008 8:30 Registration Opens 9:00 Opening Plenary Welcome: Dean James Stellar; College of Arts and Sciences, Northeastern University Presidential address: Ruth Towse, President, ACEI Location: Room 20 10:00 Break 10:15 – 11:45 Concurrent Sessions 1 Room 262: AGGLOMERATION/ CLUSTERING *Pedro Costa Creative Milieus, Gatekeepers and Cultural Production: Evidence from a Survey to Portuguese Artists Luciana Lazzeretti, Rafael Boix, Francesco Capone Determination of Concentration of Creative Industries: A Comparison Between Italy and Spain Pier Luigi Sacco, Massimo Buscema, Guido Ferilli, and Stefano Terzi System Wide Cultural Districts: Mapping and Clustering the Tangible and Intangible Cultural Assets for the Policy Design of the Regional Clusters in the Veneto Luciana Lazzeretti The Creative Capacity of Culture and the "New Creative Muilieu" Room 272: SUBSIDIES *Charles M. Gray Scale, Scope, and "Crowding Out" in the Nonprofit Lively Arts: Economic Analysis of Organizations in a Geographic Market Marek Banczyk By Their Fruits Ye Shall Know Them. The Impact of Public Expenditure on High Culture Performance. Lluis Bonet Who Benefits from Governmental Grants to Cultural Industries? The Catalan Case. Roberto Cellini and Tiziana Cuccia Information Externality in the Arts and the Public Intervention Room: 170 HERITAGE 1 *Carlos A. Ulibarri Valuation of 'Cultural Landscapes' - The Petroglyph National Monument Andrea Báez Montenegro and Luis Cesar Herrero Prieto Contingent Valuation and Cost-Benefit Analysis. Application to a Draft Recovery of Cultural Heritage City in Developing Countries Tiziana Cuccia and Ilde Rizzo Heritage and Tourism: Theoretical Issues and Empirical Evidence Maria Luisa Palma Martos A Model of Book Publishing Industry in Spain Room 010: LABOR MARKETS 1 *Carla Bodo and Celestino Spada Trends and Context of the Cultural Labour Market in Italy Vera Borges Architects in Portugal: Careers and Labor Markets Maurizio Caserta Consumption of Arts and Culture and Productivity at Work Room 270: PARTICIPATION 1 *John O’Hagan and Nicholas Vincent The Socioeconomic Composition of Arts Participation: Definitions, Evidence and Policy Issues Sarah S. Montgomery and Michael D. Robinson Dick and Jane Go to the Ballet or was it the Baseball Game? Empirical Evidence on the Battle of Sexes, within a Human Capital Appreciation Model Victoria Ateca Amestoy Behavioral Differences in Cultural Participation Carlofilippo Frateschi and Elisabetta Lazzaro Attendance to Cultural Events and Spousal Influences: The Italian Case Room 260: FILM 1 *S. Abraham Ravid and Will Goetzmann The Role of Soft and Hard Information in the Pricing of Assets and Contract Design - Evidence from Screenplay Sales Suman Basuroy and S. Abraham Ravid The Role of Word of Mouth in the Success of Motion Pictures Darlene C. Chisholm and George Norman Spatial Competition and Agglomeration: An Application to Motion Pictures Anita Elberse and Allègre L. Hadida State Financing and the Success of Motion Pictures 11:45 Lunch (on your own) 13:15 Plenary – In honor of J. Mark Schuster: Panel on Patrons Despite Themselves Location: Room 20 Chair: Michael Ruston Speakers: Alan Feld, Mike O’ Hare, Michael Rushton 14:45 Break 15:00 – 16:30 Concurrent Sessions 2 Room 262: CREATIVE CITIES * Pier Luigi Sacco, Giorgio Tavano Blessi, David Throsby, and Tom Hutton Cities Bundle of Capital, The Role and Value of Cultural Capital in Western Cities. A Theoretical Perspective Kunihiro Noda The Rise of Japanese New Urban Policy "Creative City" Anna M. Dempster To Dare or Not to Dare: Key Risks in London's Cultural Industries J. P. Singh Patronage or Networks? Creative Industries, Competitive Advantage, and the Political Economy of Representation Room 272: ARTS MARKETS 1 *Olivier Gergaud, Karl Storchmann, and Vincenzo Verardi Quality Evaluation by Experts and Consumers: Evidence from a Sample of New-York City Restaurants Aylin Seçkin and Erdal Atukeren Investment Characteristics of the Market for Paintings in Turkey: 1989 – 2005 Florine Livat and Amy Mumma A Simultaneous Estimation of Reputations' Interactions in the Case of Washington State Wines Room 170: HERITAGE 2 *Douglas Noonan Determinants of Historic and Cultural Landmark Designations: Why We Preserve What We Preserve José Maria Lobo De Carvalho and António Lamas The Economic Impact of the Monastery of Jerónimos Luciano Greco and Elisabetta Lazzaro A New Market of Publicly Owned Artworks in Italy Lina Lourenço-Gomes, João Rebelo, and Lígia Pinto Using Choice Experiments to Value a Worldwide Item of Cultural Heritage Room 010: VIOLINS *Kathryn Graddy and Philip E. Margolis Fiddling with Value: Violins as an Investment? Alberto Grandi A 'Semi-Invented' Tradition: The Cremona Violin Making School Yuko Oki Violin Makers in Cremona Room 270: MARKETING STRATEGIES *Angela Bargenda Cultural Branding: Aesthetic Marketing Strategies in the Finance Sector Carlo Marco Belfanti Renaissance and Made in Italy Mona Grinwis, Plaat Stultjes, and Kristien Werck A Model of Translations: Application to the Netherlands and Flanders Fabio Severino Merchandising: A Real Business for Cultural Organizations? Four Representative Cases: MoMA, Metropolitan, British Museum, RNM-Louvre Room 260: FILM 2 *Sophie De Vinck and Caroline Pauwels Somewhere, Over the Digital Rainbow? The Cultural-Economic Prospects of the European Film Sector in a Digital Environment and their Consequences for European Policy-Making Nachoem M. Wijnberg and Joris J. Ebbers Latent Organizations in the Film Industry: Contracts, Rewards, and Resources Chris Hand and Guy Judge How Stable are the Seasonal Patterns in Cinema Admission? Evidence from the UK Manuel Cuadrado, M. José Miquel, and Juan D. Montoro Analysis and Implications of Cinema Consumption Habits in the Digital Era in Spain 16:30 Break 16:45 – 18:15 Concurrent Sessions 3 Room 262: CULTURAL STATISTICS /MEASURES *Michael Hutter and Bruno S. Frey On the Difference between the Cultural and the Economic Value of Paintings, Rituals and Symbols Philippe Jeannin Performance Indicators in Cultural Economics: A Need to Rely on the Principal-Agent Theory (PAT) Simon Ellis What Price the 'Exotic'? Measuring Cultural Exchange Christian Handke Innovation in the Cultural Industries Room 272: AUCTIONS *Filip Vermeylen Fair Game? Eighteenth-Century Art Auctions as Value Setting Mechanisms Muriel de Vrièse The Impact of Auction Houses on Collectors’ Reservation Price: An Application of Heckman Selection Model to the Art Market Aziza Laguecir and Florine Livat Population Ecology of the Wine's Buyers within Hospices de Beaune Auctions E. De la Poza and N. Guadalajara Determinants of Prices of the Primary Market versus the Determinants of the Auction Prices for the Spanish Print and Drawing Market Room 170: HERITAGE 3 *Roger A. McCain Some Reflections on the Economics of Preservation of Artifacts of Cultural Heritage Amr Saleh Internalizing Positive Externalities of Cultural Heritage in Egypt, A Model Applied to Give a Value and Price to Heritage Within the Local context in Luxor City Komi N'Kégbé Foga Tublu Heritage and Economy: Economic Impacts of the Registration of Koutammakou at the list of World Heritage of UNESCO Room 010: LABOR MARKETS 2 *Trine Bille Labor Market and Education for Artists and in the Creative Industries Marc Morgan Do Australian and Dutch Visual Artists Differ from Choosing Between Working for the Market and the Government? Pier Luigi Sacco and Sabrina Pedrini "The International Exposure of Young Italian Artists" An Empirical Analysis Through the Italian Contemporary Art Tom Bradshaw Artists' Demographic Characteristics and Employment Patterns in the US Room 270: INCENTIVES & GIFTING *Christian Jaramillo and Miguel Urrutia A Design of Excise Taxation for Public Events Steven Nemetz Gifting Cultural Property in Canada: Testing a Tax Expenditure Arthur C. Brooks Does Giving to the Arts Make Us Prosperous? Room 260: AUDIOVISUAL *Gillian Doyle and Richard Paterson Public Policy and Independent TV Production in the UK Christian Steininger and Jens Woelke Why it is so Hard to Enforce the Principle of Separation Between Advertising and Editorial Content on Television Marion Vidal Behavioural Preferences vs. Oral Preferences: The Case of the TV's Viewer Andreas Knorr and Christina Schultz Public Film Funding in Germany 18:15 Adjourn 19:30 Reception followed by Conference Dinner (Fee Event) Harborview Dining Room, Boston Federal Reserve Building Invited Speaker: Tony Woodcock, President, New England Conservatory of Music SATURDAY, June 14, 2008 8:30 Registration Opens 8:50 – 10:00 Concurrent Sessions 4 Room 262: FESTIVALS *Dorota Ilczuk Festival Jungle, Policy Desert? Festival Policies of Public Authorities in Europe Ilaria Morganti, Massimiliano Nuccio, and Alessandro Rubini Are Festivals Changing Consumer's Behaviour in Performing Arts, in Italy? Jen Snowball and G. G. Antrobus An Arts Festival Production Function: Determinants of the "Success" of Performing Arts Productions at the South African National Arts Festival Room 272: ARTS MARKETS 2 *Donata Favaro A Model of Performing Arts Attendance Nynke de Groot and Carlien Schrijvershof The Price Elasticity of Demand for Theaters and Museums in the Netherlands Yu-Ling Hsieh, Rong-Ping Lai, Hung-Ren Hsieh, and Yu-Ying Hsieh The Willingness-To-Pay for Indoor and Outdoor Performing Art Facilities: A Case Study of Tainan Municipal Cultural Center, Taiwan. Room 170: HERITAGE 4 *Izabella Parowicz and Paul Anthony Muscat Marketing Heritage Conservation Services - A Maltese Company's Insight Bulent Acma Developing to Cultural Economics: Upper Mesopotamia in Turkey Massimo Finocchiaro Castro, Calogero Guccio, and Ilde Rizzo A Semi-Parametric Analysis of the Determinants of Heritage Authorities Efficiency Room 260: MUSIC RIGHTS *Davi Nakano The Impact of Technology on the Music Industry: Some Findings on Brazilian Indies Samuel Cameron A Paler Shade Of Litigation: Still More Confusion In Musical Property Rights Juan Prieto-Rodríguez, Rubén Gutiérrez-del-Castillo, and Víctor Fernández-Blanco Analysing Author's Rights Distribution in the Recording Music Industry Room 270: PARTICIPATION 2 *Trine Bille The Creative Class and Preferences for Culture Mayumi Terano Cultural Participation of International Students - A Case Study at the University of Pittsburgh Claire R. Owen International Determinants of Cultural Consumption and Trade from a Subjective Well-Being Perspective 10:00 Break 10:15 Plenary: Panel on Music Industry Location: Room 20 Chair: Richard Strasser (Northeastern University, Department of Music) Panellists: Leon Janikian (producer and musician); David Herlihy (entertainment and music lawyer); Jim Anderson (producer and former musician); Paul Lehrman (composer). 11:45 Lunch (on your own) 13:15 Plenary: Markets and Arts Keynote Address: Tyler Cowen Location: Room 20 14:30 Break 14:45 – 16:15 Concurrent Sessions 5 Room 272: ARTS MARKETS 3 *Bronwyn Coate Who Benefits from the Growing Market for Indigenous and Tribal Art?: An Australian Perspective Benjamin R. Mandel Art as an Investment and Conspicuous Consumption Good Ismael Moya, Natividad Guadalajara, and Elana De la Poza Is a Work of Art an Attractive Alternative Investment? Joe Cox Purchasing Power Parity and Cultural Convergence: The Case of the Global Video Games Market Room 170: MUSEUMS *Elisabetta Lazzaro and Carlofilippo Frateschi Do We Care for Our Museums? Non-Visitors’ vs. Visitors' Perception, Participation and Local Cultural Policies Trilce Navarrete Hernández Measuring Effectiveness in the Digitization Output of Museums: The Case of the Tropenmuseum Ana Bedate Centeno, Luis César Herrero Prieto, and José Ángel Sanz Lara Economic Valuation of a Museum of Contemporary Art: Correction of the Hypothetical Bias Using a Certainty Question Alessia Zorloni Consumer Behaviour in the Museum Sector: Application in Contemporary Art Room 262: LABOR MARKETS 3 *Dorothea K. Herreiner Intermediary Roles of Art Dealers Pauliina Laitinen-Laiho and Kira Sjöberg Is it Worth Being a Female Artist? - Exploring the Value of Art Through Gender Kate MacNeill The Materiality of Artistic Labour Ann Markusen Organizational Complexity in the Regional Cultural Economy: Evidence from a Study of Artists Room 270: PARTICIPATION 3 *Sacit Hadi Akdede Religious Culture and Economic Development: An Empirical Investigation of Turkish Cities Nathalie Moureau and Marion Vidal Why do People Collect Art? Mária Tajtákova, Thomas Heskia, and Janka Kopaničová Arbitrage of Cultural Services: What Makes Audiences Travel for the Performing Arts Carlos Pestana Barros, Claudio Pizzi, António Luis Silvestre, and Marilena Vecco Analysing Venice's Biennale Attraction With a Structural Equation Model Room 260: NEW TECHNOLOGIES *Xavier Castañer and Maria Isabel Lemeur The Adoption of New Technologies in the Cultural Industries: A Cognitive Study of the French Book Publishing Industry Dora Vargas The Fate of Digital Art's Survival in an Exchange Economy Byung-Hee Soh and So-young Park Is VFX Technology Substituting Star Power? An Analysis of Successful Hollywood VFX Movies (2003-2007) 16:15 Break 16:30 – 18:00 Concurrent Sessions 6 Room 262: CULTURE & DEVELOPMENT 1 Gregory H. Wassall, Richard Maloney, and *Neil Alper Art, Culture and Community Economic Development: An Empirical Investigation Thomas Werquin The Impact of Cultural Infrastructure on Local Economic Development: the Construction of an ExPost Evaluation Method and its Application to Lille2004, European Capital of Culture Calogero Guccio, Ilde Rizzo, and Mahmoud Haitham Samir Valuing Revitalization Projects in Districts of Cultural and Historic Significance: The Case of AlDarb Al-Ahmar Nil Sismanyazici Navaie Creative Change: An Interdisciplinary and Multi-Sectoral Approach to Culture and Economic Development Room 272: DIVERSITY *Francoise Benhamou Does Diversity In Supply Serve Diversity In Consumption? Evidence from Books and Films Supply and Demand in France in 2003 and 2005 Sung-Hee Choi, Keunjae Lee, Byeongho Choe The Effects of Vertical Integration on Movie Exhibition in Korea: Foreclosure, Run-length Preference and Diversity Heritiana Ranaivoson How to Improve Cultural Diversity? A Quantitative Analysis of What Influences Cultural Diversity in the Recording Industry Cyril Duchene and Daniel Urrutiaguer The Diversification of Resources and the Disparities in Arts Development in France Room 170: POLICIES *Kazuko Goto, Anna Mignosa, and Lyudmilla Petrova Tax Incentives as a Tool for Cultural Policy: The Experience of Japan, Italy, and Bulgaria Arjo Klamer, David Kombrink, and Sander Smith Cultural Monitor: A Measure of Cultural Capital Shabbar Jeffry and Alexandros Apostolakis Willingness to Pay for Alternative Policy Options in the British Museum Anne-Kathrin Last The Monetary Value of Cultural Goods: A Contingent Valuation Study of the Municipal Supply of Cultural Goods in Lueneburg, Germany Room 010: MUSIC *Stefano Baia Curioni, Laura Forti, and Beatrice Mezzogori Music Consumption and the Raising of Music Industry: The "Early" Case of Milan in the Rossini Era William Luksetich and Patricia Hughes Effects of Subsidies on Symphony Orchestra Repertoire Iván Orosa Paleo, Nachoem M. Wijnberg, and Gerda Gemser Organisation Tranversality and Classification Dynamics: The Case of Dutch HipHop Juan D. Montoro and Manuel Cuadrado Promotion and the Dynamics of Success in the Prerecorded Music Industry in Spain Room 270: PERFORMING ARTS 1 *Ricardo H. Cavazos-Cepeda, Felipe Vasquez, and Jeffrey LaFrance The Market for Broadway Shows Marta Zieba Estimation of Demand Function for German Public Theatre: The Importance of Allocation of Leisure Time and Quality Factors for the Consumption of Performing Arts Vidar Ringstad and Knut Løyland The Demand for Theatre Performances in Norway Michele Trimarchi and Martha M. Friel Information and Selection in the Arts Sector: Listing vs. Performance as Policy Tools Room 260: FILM 3 *Jordi McKenzie Competition for Shelf Space with Perfectly Differentiated Goods: Survival of Motion Pictures at the Australian Box Office Luis Orea, Víctor Fernández-Blanco, and Juan Prieto-Rodriguez Temporal Competition in the Spanish Movie Distribution Market: Strategic Determinants of Films' Box Office Revenues Bilyana Tomoya and Diana Andreeva The Efficacy of Markets Versus Interventions in the Provision and Arts and Culture - The Example of Bulgarian Film Industry and the National Film Market Alan Collins, Antonello Scorcu, and Roberto Zanola Distribution Conventionality in the Movie Sector: An Econometric Analysis of Cinema Supply 18:00 Adjourn SUNDAY, June 15, 2008 9:30 – 10:40 Concurrent Sessions 7 Room 262: CULTURE & DEVELOPMENT 2 *Michael Rushton The Arts and Economic Development in Rural America Naoko Sato and Xavier Greffe Artists and Craftsmen: A Strategic Bond for Development Calogero Guccio, Isidoro Mazza, and Anna Mignosa The Expenditure for Culture of OECD Countries Room 272: ARTS MARKETS 4 *Jesús Sánchez Fernández and José Sánchez Maldonado A New Multidimensional Decomposition of the Gini Index. Application to the Study of Consumption for Cultural Goods and Services in Spain. Svanhild Aabø Public Library Valuation Research: A Status Report Christiane Hellmanzik Age-Price Profiles of Prominent Modern Artists and the Location Effect Room 170: RIGHTS *Sophie Ragot Pirates vs. Majors: A Game Theory Modelling Joëlle Farchy Are Free Licenses Suited for Cultural Works? Room 270: THEATRE/PERFORMING ARTS 2 *Hilppa Sorjonen Economic Thinking and Reasoning of the Directors of Performing Arts Organizations Stine Rye Bårdsen Management Control in the Performing Arts - An Empirical Study Carol Newman and Marta Zieba Understanding Production in the Performing Arts: Estimation of Production Function for German Public Theaters Room 260: MEDIA STRATEGIES *Thomas Heskia and Mária Tajtáková Cultural Economics and the Media Consequences of Convergence Mariko Uchida Self-Sustaining Possibility in the Cultural Business Through Multi-Use Strategy: Understanding the Japanese Models Anna P. Della Valle US Media Markets: Is Continued Intervention Still Necessary? 10:45 Break 11:00 Closing Plenary Presiding: Ruth Towse, President, ACEI ACEI General Meeting Brief presentation on ACEI 2010 conference in Copenhagen Location: Room 20 12:30 Close of conference