Journal of Economic Literature
Book Reviews
2026-09-01
Arjo Klamer of Erasmus University reviews “Measuring the Value of Culture: Methods and Examples in Cultural Economics” by Jeanette D. Snowball,. The EconLit Abstract of the reviewed work begins “Provides a practical guide to conducting valuation studies of culture and cultural goods, and a means of interpreting the results for potential funders. Discusses the arts, economics, and valuation; using economic impact studies to value the arts; calculating economic impact; the contingent valuation method; using willingness to pay studies to value cultural goods; and the choice experiment method and use. Snowball is in the Department of Economics at Rhodes University. Index.”