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1.
Within a hedonic pricing model, the preferences of Australian art purchasers are investigated. Emphasis is placed on the impact of an artwork’s dimensions upon its auction price. A salient aspect of this is the first test of the ‘golden ratio’ hypothesis in a market situation. It is concluded that purchasers prefer paintings that deviate from the golden rule. The ‘orientation’ of works (portrait, landscape or square) as well as size also helps determine price. The impact of winning the Archibald portraiture prize (Australia’s foremost art prize) is found to have significant and positive impacts on winning artists’ prices. This suggests that purchasers are not fully informed. In addition, a previously unsuspected relationship between artwork dimensions and Archibald prize winners was found. As well as purchasers’ preferences, the artists’ choices of the dimensions of their artworks are considered. 相似文献
2.
Eiji Yamamura 《Journal of Cultural Economics》2014,38(4):331-349
Anime is now considered an accepted form of animation and is considered to represent Japanese contemporary culture worldwide. There are many fans of anime and manga, creating a community known as otaku world. However, Japanese anime and manga have gained popularity in Western countries as well as in Japan. This paper attempts to ascertain the determinants of watching anime in Japan based on individual-level data from Japan. Despite the growth in the number of adult anime fans, children are still more likely to watch anime than adults are. Hence, this study investigates how adults are influenced by the presence of their children. After controlling for individual characteristics, it was found that people are more likely to watch anime when they have children aged less than 12 years who have not yet entered junior high school. Such an effect is larger for parents who belong to an older generation where people are less likely to prefer anime. This implies that the externality coming from children results in parents watching anime. The findings of this study show that externalities from surrounding people play a critical role in enlarging the market of modern cultural goods representing “Cool Japan.” 相似文献