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Risk, Risk Aversion and the Demand for Performing Arts
6 references·9 citing·44 second hop
Risk, Risk Aversion and the Demand for Performing Arts (1992)Risk, Risk Aversion and the Demand for Pe…The Economics of Superstars (2009)The Economics of SuperstarsOptimal Choices under Uncertainty: The Case of Two-Argument Utility Functions (1988)Optimal Choices under Uncerta…The Relationship Between Box Office and Repertoire: a Case Study of Opera (1977)The Relationship Between Box …Risk Aversion in the Small and in the Large (1976)Risk Aversion in the Small an…Increases in risk and in risk aversion (1974)Increases in risk and in risk…Risk Aversion in the Small and in the Large (1964)Risk Aversion in the Small an…Análisis económico de la demanda de un festival cultural (2021)Análisis económico de la dema…Consumers on Critique: A Survey of Classical Music Listeners’ Engagement with Professional Music Reviews (2020)Consumers on Critique: A Surv…Looking Into the Profile of Music Audiences (2017)Looking Into the Profile of M…Lead–lag relationship between household cultural expenditures and business cycles (2012)Lead–lag relationship between…Cultural capital and demand (2007)Cultural capital and demandDemand for and productivity analysis of Turkish public theater (2006)Demand for and productivity a…The Demand for the Arts (2002)The Demand for the ArtsAre modern and classical music listeners the same people (1999)Are modern and classical musi…A microeconometric study of theatre demand (1996)A microeconometric study of t…Essays in the Theory of Risk-Bearing. (1972)The design of tax structure: Direct versus indirect taxation (1976)Credit Rationing in Markets with Imperfect Information (1981)Theory of Financial Decision Making. (1988)Saving and Uncertainty: The Precautionary Demand for Saving (1968)Redistributive taxation as social insurance (1980)Uncertainty and the demand for medical care (1990)The effect of uncertainty on the demand for medical care, health capital and wealth (1998)The Overspending and Flypaper Effects of Fiscal Illusion: Theory and Empirical Evidence (1998)1. On the Concept of Health Capital and the Demand for Health (2017)Performing Arts: The Economic Dilemma (1967)The Production and Consumption of the Arts: A View of Cultural Economics (1994)On the Performing Arts: The Anatomy of their Economic Problems (1997)Determinants of demand for traditional Chinese opera (2018)Der Einfluss ‘Zentraler Orte’ auf räumliche Ausgabenmuster: eine empirische Studie zu den kommunalen Ausgaben für Kultur in FlandernLimited-dependent and qualitative variables in econometrics (1983)A Theory of Rational Addiction (1988)A discrete choice model of consumption of cultural goods: the case of music (2007)On the Principles of Political Economy, and Taxation (2014)Towards a new approach of destination loyalty drivers: satisfaction, visit intensity and tourist motivations (2014)Art As Collective Action (1974)Cycles in Symbol Production: The Case of Popular Music (1975)Style as Social Process (1978)Customers of performing arts organisations: are subscribers different from nonsubscribers? (2001)How Product Order Affects Market Identity (2011)Cultural Tourism in Europe (1996)The Impact of Cultural Events on City Image: Rotterdam, Cultural Capital of Europe 2001 (2004)Economía de la cultura. Una nueva área de especialización de la economía (2010)Patterns and drivers of cultural economy in Spain’s extra-metropolitan small towns (2017)Valoración del impacto económico y social del Carnaval de Negros y Blancos de Pasto, Colombia (2018)An Economic Theory of Clubs (1965)Hedonic Prices and Implicit Markets: Product Differentiation in Pure Competition (1974)Schooling, Experience, and Earnings (1974)Herd Behavior and Investment (1988)Experimental Study of Inequality and Unpredictability in an Artificial Cultural Market (2006)Top Incomes in the Long Run of History (2011)A Theory of the Allocation of Time (1965)¿Debe el Estado financiar las artes y la cultura? Revisión de literatura (2011)Financial Intermediation and Delegated Monitoring (1984)Prospect theory: An analysis of decision under risk (1988)Well-being : the foundations of hedonic psychology (1999)On the measurement of inequality (1970)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)The arbitrage theory of capital asset pricing (1976)
this work references cited by second hop

References

  • 1964Risk Aversion in the Small and in the Large4,964 cited
  • 1976Risk Aversion in the Small and in the Large4,655 cited
  • 2009The Economics of Superstars1,684 cited
  • 1974Increases in risk and in risk aversion556 cited
  • 1988Optimal Choices under Uncertainty: The Case of Two-Argument Utility Functions69 cited
  • 1977The Relationship Between Box Office and Repertoire: a Case Study of Opera45 cited

Cited by

  • 1996A microeconometric study of theatre demand177 cited
  • 2002The Demand for the Arts25 cited
  • 2021Análisis económico de la demanda de un festival cultural21 cited
  • 2006Demand for and productivity analysis of Turkish public theater20 cited
  • 2007Cultural capital and demand17 cited
  • 2020Consumers on Critique: A Survey of Classical Music Listeners’ Engagement with Professional Music Reviews8 cited
  • 2017Looking Into the Profile of Music Audiences8 cited
  • 2012Lead–lag relationship between household cultural expenditures and business cycles6 cited
  • 1999Are modern and classical music listeners the same people3 cited

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