Publications Archive

The following archive contains various books, reports, working papers, and syllabi published by the Cultural Policy Center.

February, 2002

The Regrettable Necessity of Contingent Valuation

What I hope to do instead is to place the technique of contingent valuation in a large context that deals with the question of valuation more broadly.

February, 2002

How Modern Societies Maintain Cultural Values by Financing Cultural Goods

Can Contingent Valuation results substitute market results in the field of cultural policy? My answer is a clear "no". No, the data generated by contingent valuation surveys on the amount of dollars which citizens are willing to ...

February, 2002

Determining the Value of Cultural Goods: How much (or how little) does contingent valuation tell us?

Introduction Almost twenty years ago - in 1983 to be exact - Glenn Withers and I undertook what we understand to be the first ever application of contingent valuation methods (CVM) to the arts. We carried out a randomsample survey of...

February, 2002

Contingent Valuation and the Public Interest in Privately Owned Cultural Property

Introduction California and Massachusetts have enacted laws that declare a "public interest in preserving the integrity of cultural and artistic creations." In each case efforts to preserve the integrity of works of art go beyond...

February, 2002

Valuing the Arts: A Contingent Valuation Approach

Abstract Government funding of the arts has received considerable attention in the United States in recent years. Efforts to cut funding to the National Endowment for the Arts and declining budgets for state arts agencies have raised...

February, 2002

Valuing Congestion Costs in the British Museum

Abstract Museums are potentially congestible resources because the exhibits they contain are, in any relevant sense of the word, irreproducible. Insofar as visitor congestion diminishes the value of individuals’ visits it constitutes...

February, 2002

Using Stated-Preference Questions to Investigate Variation in Willingness to Pay for Preserving Marble Monuments: Classical Heterogeneity and Random Parameters

Abstract The thousands of trips to Washington D.C. each year to visit its monuments reveal significant use value for these cultural resources. Focus-group and survey responses indicate passive use value is also significant and likely...

February, 2002

Willingness to Pay for Submerged Maritime Cultural Resources

Abstract Many consider salvage value and tourism expenditures as the only economic values of a historic shipwreck. This paper looks at one alternative, the non-market value generated by management of shipwrecks as submerged maritime...

February, 2002

Coherent and Incoherent Valuation: A Problem With Contingent Valuation of Cultural Amenities

I aim to describe a new problem with contingent valuation studies, and to suggest the nature and severity of the difficulties in surmounting it.1 The source of the problem, in brief, is category-bound thinking. When people explore...

February, 2002

Does Public Art Have Bequest Value?

Abstract Many people argue that public art contains an element of "bequest value": value derived by people today from the expected enjoyment of the art by future generations. This benefit, many believe, can only be uncovered...