The economics of art is a young discipline. About fifty years have passed since the usefulness of using the traditional toolbox of economics in the study of art goods and services was recognized, which despite their particularity respond to the usual economic logic as much as other types of goods. The outcome of this process was the emergence of a discipline where the intersection of research lines linked to the individual arts expresses a unitary vision of the art market.
The book develops the basic elements of the economic analysis of the arts, such as demand, supply, prices, the work of artists and public and private intervention; analyzes themes that are transversal to the individual arts, such as the spatial dimension of artistic districts, their typologies and the connection with territorial cultural policies, the market exchange of collectible goods through auctions, the new artistic expressions linked to the use of digital technologies; finally, it reconstructs the markets of each specific art, from cultural heritage and museums to the book, music, cinema, visual arts and entertainment markets.
