2023
DOI: 10.1007/s12232-023-00418-7
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The lost value for users of cultural institutions during the COVID-19 pandemic: a life satisfaction approach

Abstract: Studies related to the assessment of the non-market values of culture typically employ methods based on stated or revealed preferences. In this paper, we implement a new emerging non-market valuation technique, namely the life satisfaction approach. In particular, we quantify in monetary values, the additional utility that people benefit from cultural experiences, as well as the additional disutility suffered by cultural consumers specifically due to the closure of cultural organisations during the COVID-19 pa… Show more

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Cited by 3 publications
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“…Another recent study includes a longitudinal analysis of ‘happiness’ data during COVID-19 in Italy [ 15 ], and a panel-based study of the effects of the pandemic on livelihoods in Côte d’Ivoire [ 16 ]. Specific aspects of SWB (e.g., work-life balance satisfaction), both cultural and economic, have also been studied [ 17 , 18 ]. Drivers of SWB, such as physical activity and financial satisfaction [ 19 ], have also begun to be studied in greater detail in specific regional contexts and populations (e.g., adolescents in Canada [ 20 ]).…”
Section: Introductionmentioning
confidence: 99%
“…Another recent study includes a longitudinal analysis of ‘happiness’ data during COVID-19 in Italy [ 15 ], and a panel-based study of the effects of the pandemic on livelihoods in Côte d’Ivoire [ 16 ]. Specific aspects of SWB (e.g., work-life balance satisfaction), both cultural and economic, have also been studied [ 17 , 18 ]. Drivers of SWB, such as physical activity and financial satisfaction [ 19 ], have also begun to be studied in greater detail in specific regional contexts and populations (e.g., adolescents in Canada [ 20 ]).…”
Section: Introductionmentioning
confidence: 99%