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The behavioural economics of culture

journal contribution
posted on 2023-05-21, 15:34 authored by Coate, B, Jean Robert HoffmannJean Robert Hoffmann
We make the case for further advancing cultural economics through the application of behavioural economics methods and insights. Behavioural economics offers a reconciliation of two distinct strands within cultural economics, one that observes neoclassical economic method, and one that affirms the abundant psychological aspects of cultural economising. We argue that behavioural economics is well positioned for a synthesis as it was designed for the study of psychological ‘anomalies’ within the spirit and methodology of economics. We identify and discuss selected contributions to this emergent but dispersed literature and highlight promising areas that may be further investigated. We also explore the potential for behavioural economics to contribute to cultural policy.

History

Publication title

Journal of Cultural Economics

Volume

46

Pagination

3-26

ISSN

1573-6997

Department/School

TSBE

Publisher

Springer New York LLC

Place of publication

United States

Rights statement

Copyright (2022) The Author(s), under exclusive licence to Springer Science+Business Media, LLC, part of Springer Nature.

Repository Status

  • Restricted

Socio-economic Objectives

Preference, behaviour and welfare

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