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"This book extends research in consumption economics by identifying similarities and differences in consumption patterns in a large number of countries, both developed and less developed. Its approach is to carefully analyze a large body of data from a highly diverse group of countries to determine the extent to which a simple economic framework can be used to understand and explain consumer behavior. It uses data from more than 40 countries which range from the most affluent to the poorest in the world. The book pays particular attention to the consumption of food and to new simulation techniques applied to systems of demand equations."--BOOK JACKET

This text provides an overview of concepts, theories, and methods related to the study of household consumption. It summarizes the most recent data on consumption patterns and trends, together with factors that influence consumption--population trends, prices, and distribution of resources--and examines how consumption data are used by business, government, and other organizations.||The work will give the student a knowledge of household consumption patterns and an understanding of how to use such knowledge. Its three general purposes, which correspons tto the three parts of the book, are: to

"Art and the Global Economy analyzes major changes in the global art world that have emerged in the last twenty years including structural shifts in the global art market; the proliferation of international art fairs, biennials and blockbuster exhibitions; and the internationalization of the scope of contemporary art. John Zarobell explores the economic and social transformations in the cultural sphere, the results of greater access to information about art, exhibitions, and markets around the world, as well as the increasing interpenetration of formerly distinct geographical domains. By considering a variety of locations--both long-standing art capitals and up-and-coming centers of the future--Art and the Global Economy facilitates a deeper understanding of how globalization affects the domain of the visual arts in the twenty-first century"--Provided by publisher

Cover -- Title -- Copyright -- Table of Contents -- Foreword -- Chapter 1 How Good We Had It: The Money-Making Machine Known as High-Tech -- Chapter 2 Shifting Clouds and Changing Rules -- Chapter 3 Looking Over the Margin Wall -- Chapter 4 Learning to Love Micro-Transactions -- Chapter 5 The Data Piling Up in the Corner -- Chapter 6 Consumption Development: The Art and Science of Intelligent Listening -- Chapter 7 Consumption Marketing: Micro-Marketing and Micro-Buzz -- Chapter 8 Consumption Sales: After a Great Run, the Classic Model Gets an Overhaul -- Chapter 9 Consumption Services: Will They Someday Own "The Number"? -- Chapter 10 Customer Demand vs. Capital Markets: How Fast Should You Transform? -- Chapter 11 The "S" Stands for Services -- Endnotes -- Index.

Introduction : aesthetics in the age of consumer culture. Some terms -- Attention and distraction : the billboard as mural form -- Fascination; or, enlightenment in the age of neon light -- Poetry, replication, late capitalism : Octavio Paz as concrete poet -- Lygia Clark, at home with objects -- Conclusion

The financial underperformance of art as an investment is well documented. In contrast to studies conducted on peace-time periods, this paper shows that the art market in occupied France during WWII significantly outperformed all alternative investments (bonds, equities, as well as currencies exchanged on the black market) other than gold. This suggests that art may be a good hedge against low-probability disasters. The paper further demonstrates that motives to purchase art (consumption and investment) vary over time. In his theoretical model, Mandel (2009) attributes art's low return to the utility derived from conspicuous consumption. In occupied France during WWII, conspicuous consumption was impossible for artworks deemed "degenerate" by the Nazis. The price evolution of "degenerate" versus "non-degenerate" artworks confirms the importance of conspicuous consumption in artworks' pricing. Eventually, the paper defines the concept of discretion, the ability to store a large amount of value in small and easily transportable goods. During wartime, illegal activities and the risk of being forced to flee the country increased the interest for discreet assets as shown by the better performance of small (and thus discreet) artworks in comparison to large ones. ; info:eu-repo/semantics/published