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Victoria Ateca - Amestoy |
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''Cultural capital and demand'' |
( 2007, Vol. 26 No.1 ) |
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In this paper we develop a theoretical model that investigates the demand for cultural goods under the assumption of cultural capital and rational addiction. We also consider the effect of a policy intervention in order to raise the initial stock of cultural capital of a given individual, both on individual demand and on supply. Finally, we discuss on the effectiveness of such policies by translating our model to a dynamic framework. |
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Keywords: cultural capital |
JEL: Z1 - Cultural Economics; Economic Sociology; Economic Anthropology: General
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Manuscript Received : Jul 04 2007 | | Manuscript Accepted : Aug 02 2007 |
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