D Forrest
Current Organizations / Institutes
The organizations/institutes from the scholar's latest article
Research Subjects
Research Interests
D Forrest has a total of 2 co-authors. Here are the top co-authors by number of shared publications:
K Grime
Depratment of Geography, University of Salford, Salford, UK
1 shared publicationR Woods
SPSS UK Ltd, UK
1 shared publication
Latest Publications
- 1 April 2000
- Published by Oxford University Press (OUP) in Oxford Economic Papers
- Vol. 52 (2) , 381-397
Is it worth subsidising regional repertory theatre?
Subsidies to the performing arts are usually justified by reference to externality and public goods arguments that are hard to quantify. We suggest that subsidies to theatres may be appropriate because of their inability to engage in spatial price discrimination to capture consumer surplus. For one major theatre, we use audience data and the Clawson-Knetsch travel cost method to assess the extent of consumer surplus and find that it exceeds the level of subsidy received from public sources. On the basis of this example, current subsidy levels are justifiable even without recourse to traditional externality/public goods arguments.
- 1 April 2000
- Published by Oxford University Press (OUP) in Oxford Economic Papers
- Vol. 52 (2) , 381-397
Is it worth subsidising regional repertory theatre?
Subsidies to the performing arts are usually justified by reference to externality and public goods arguments that are hard to quantify. We suggest that subsidies to theatres may be appropriate because of their inability to engage in spatial price discrimination to capture consumer surplus. For one major theatre, we use audience data and the Clawson-Knetsch travel cost method to assess the extent of consumer surplus and find that it exceeds the level of subsidy received from public sources. On the basis of this example, current subsidy levels are justifiable even without recourse to traditional externality/public goods arguments.