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Please use this identifier to cite or link to this item: http://hdl.handle.net/10400.5/2339

Title: Addiction At the Biennale of Venice
Authors: Barros, Carlos Pestana
Vecco, Marilena
Blanco, Victor
Keywords: Culture
Biennale of Venice
Mixed Logit model
policy implications
Issue Date: 2008
Publisher: ISEG – Departamento de Economia
Citation: Barros, Carlos Pestana, Marilena Vecco e Victor Blanco. 2008. "Addiction At the Biennale of Venice". Instituto Superior de Economia e Gestão - DE Working papers nº 14-2008/DE/UECE
Series/Report no.: DE Working papers;nº 14-2008/DE/UECE
Abstract: In this paper we analyse the socio-economic characteristics (e.g. age, gender, education, nationality) associated with the probability of subscribing to an art review, among visitors of the Visual Arts Biennale of Venice taking into account the heterogeneity of the data. The analysis uses a data set from a questionnaire given in Venice in 2003 to ascertain the key characteristics of the Biennale visitors, (Bernardi, Pizzi and Vecco, 2004). A Bayesian random parameter logit model is used with Gibbs sampling to verify the hypothesis that subscribing to an art review given that the individual visits the Biennale, defines addiction to visual arts. This model outperforms the standard logit model since it takes into account the unobserved heterogeneity of the sample data. Some policy implications are presented.
URI: http://hdl.handle.net/10400.5/2339
ISSN: 0874-4548
Publisher version: https://aquila1.iseg.utl.pt/aquila/getFile.do?method=getFile&fileId=26516
Appears in Collections:UECE - Documentos de Trabalho / UECE - Working Papers
DE - Documentos de trabalho / Working Papers

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