Are you willing to pay more for the arts?

Journal of Economic and Financial Sciences

 
 
Field Value
 
Title Are you willing to pay more for the arts?
 
Creator Kruger, Martinette Saayman, Melville
 
Subject Willingness To Pay; contingent valuation method; Heckman procedure; Aardklop; arts festival; South Africa
Description This study determines festival attendees’ Willingness To Pay to support an increase, or prevent a decline, in arts performances and exhibitions. It uses the contingent valuation method to produce a profile of attendees, showing how much, if anything, they are willing to pay per month over and above their current taxes, and their reasons for being willing or unwilling to pay extra. Apart from Snowball (2005), no studies to date have examined Willingness To Pay to support the arts in a developing country like South Africa. This study of the Aardklop festival shows how Willingness To Pay for the arts appears to have changed in South Africa over the past decade and it appears that arts patrons are less willing to pay than a decade ago. It suggests strategies for sustaining the arts in South Africa and will help events managers to identify the attendees who are willing to pay more.
 
Publisher AOSIS
 
Contributor
Date 2016-08-11
 
Type info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion —
Format application/pdf
Identifier 10.4102/jef.v9i2.48
 
Source Journal of Economic and Financial Sciences; Vol 9, No 2 (2016); 392-408 2312-2803 1995-7076
 
Language eng
 
Relation
The following web links (URLs) may trigger a file download or direct you to an alternative webpage to gain access to a publication file format of the published article:

https://jefjournal.org.za/index.php/jef/article/view/48/45
 
Rights Copyright (c) 2017 Martinette Kruger, Melville Saayman https://creativecommons.org/licenses/by/4.0
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