"The second edition of this widely acclaimed and extensively cited collection of original contributions by specialist authors reflects changes in the field of cultural economics over the last eight years. Thoroughly revised chapters alongside new topics and contributors bring the Handbook up to date, taking into account new research, literature and the impact of new technologies in the creative industries. The book covers a range of topics encompassing the creative industries as well as the economics of the arts and culture, and includes chapters on: the economics of art (including auctions, markets, prices and anthropology), artists' labour markets, creativity and the creative economy, cultural districts, cultural value, globalization and international trade, the Internet, media economics, museums, non-profit organizations, opera, performance indicators, performing arts, publishing, regulation, tax expenditures and welfare economics. This highly commended reference tool will be warmly welcomed on a wide range of courses in the fields of economics, business, management, arts management and cultural and media studies."--Provided by publisher.;Ch. 1. Application of welfare economics -- ch. 2. Art auctions -- ch. 3. Art dealers -- ch. 4. Art markets -- ch. 5. Art prices.