Coase Theorem Failures in English Summer Cultural Events:
The Case of Sidmouth International Festival

References (abstracted from the full pdf version of the paper)

Anon. (1994), The New Orleans Jazz and Heritage Festival, Risk Management, 41, 4, April, p. S23.

Anon. (2004), Draft Letter to the Secretary of State for Culture folk27

Aspden, Suzanne (2003), Managing Passions: The Business of Opera in Eighteenth-Century London, Journal of the Royal Musical Association, 128, 1, pp. 123-136.

Association of Festivals Organisers (AFO) (2004), The Impact of Folk Festivals, Arts Council England.

Auld, Terry and McArthur, Sarah (2003), Does Event-Driven Tourism Provide Economic Benefits? A Case Study from the Manawatu Region of New Zealand, Tourism Economics, 9, 2, June, pp. 191-201.

Banks, Mark, Lovatt, Andy, O’Connor, Justin and Raffo, Carlo (2000), Risk and Trust in the Cultural Industries, Geoforum, 31, 4, November, pp. 453-464.

Becker, Gary S. (1991), A Note on Restaurant Pricing and Other Examples of Social Influences on Price, Journal of Political Economy, 99, 5, October, pp. 1109-1116.

Beyers, William B. (2002), Culture, Services and Regional Development, The Service Industries Journal, 22, 1, January, pp. 4-34.

Breen, Helen, Bull, Adrian and Walo, Maree (2001), A Comparison of Survey Methods to Estimate Visitor Expenditure at a Local Event, Tourism Management, 22, 5, October, pp. 473-479.

Brown, Michele D., Var, Turgut and Lee, Seokho (2002), Messina Hof Wine and Jazz Festival: An Economic Impact Analysis, Tourism Economics, 8, 3, September, pp. 273-279.

Bryan, Jane, Hill, Steve, Munday, Max and Roberts, Annette (2000), Assessing the Role of the Arts and Cultural Industries in a Local Economy, Environment and Planning A, 32, 8, August, pp. 1391-1408.

Chacko, Harsha E. and Schaffer, Jeffrey D. (1993), The Evolution of a Festival: Creole Christmas in New Orleans, Tourism Management, 14, 6, December, pp. 475-482.

Coase, Ronald H. (1988), The Firm, the Market, and the Law, Chicago, University of Chicago Press.

Cooter, Robert D. (1989), The Coase Theorem, in Eatwell, John, Milgate, Murray and Newman, Peter, eds., The New Palgrave: Allocation, Information and Markets, London, Macmillan, pp. 64-70.

Cornes, Richard and Sandler, Todd (1996), The Theory of Externalities, Public Goods and Club Goods, Second Edition, Cambridge, Cambridge University Press.

Courty, Pascal (2003), Some Economics of Ticket Resale, Journal of Economic Perspectives, 17, 2, Spring, pp. 85-97.

Dommett, Roy L. (1994), A Sidmouth Lecture 1994: Years of Morris Change and the Sidmouth Festival, www.opread.force9.co.uk/RoyDommet/Others/sidmouth94lect.htm.

Dowell, John, Schofield, Derek, Spoerer, Simon and Upton, Eddie (2004), Festival News 2005 ?? folk26a

Elster, Jon (1998), Emotions and Economic Theory, Journal of Economic Literature, 36, 1, March, pp. 47-74.

Farrell, Joseph (1987), Information and the Coase Theorem, Journal of Economic Perspectives, 1, 2, Fall, pp. 113-129.

Folk South West, Wren Music, Great Western Morris, Dowell, John, Schofield, Derek, Golightly, John, Lankester, Bill and Andrews, Colin (2004), Sidmouth Festival Fringe 2005, folk40

Freeman, Bob (2001), Festival Gets Our Cash,Sidmouth Herald, 24 August, folk2

Frey, Bruno S. (1994), The Economics of Music Festivals, Journal of Cultural Economics, 18, 1, pp. 29-39.

Gander, Jonathan and Rieple, Alison (2004), How Relevant Is Transaction Cost Economics to Inter-Firm Relationships in the Music Industry?, Journal of Cultural Economics, 28, 1, February, pp. 57-79.

Gazel, Ricardo C. and Schwer, R. Keith (1997), Beyond Rock and Roll: The Economic Impact of the Grateful Dead on a Local Economy, Journal of Cultural Economics, 21, 1, pp. 41-55.

Gursoy, Dogan, Kim, Kyungmi and Uysal, Muzaffer (2004), Perceived Impacts of Festivals and Special Events by Organisers: An Extension and Validation, Tourism Management, 25, 2, April, pp. 171-181.

Hansmann, Henry (1981), Nonprofit Enterprise in the Performing Arts, Bell Journal of Economics, 12, 2, Autumn, pp. 341-361.

Harry, Oliver (2004a), What Does the Future Hold for the Festival?, Sidmouth Herald, 30 July.

Harry, Oliver (2004b), Festival Leaves Bad Smell, Sidmouth Herald, 6 August folk35

Hillier, Brian (1997), The Economics of Asymmetric Information, London, Macmillan.

Hunt, Alan (2004), Defer Festival Meeting until We Have the Facts, letter to the Sidmouth Herald, 4 June, folk13.

Jung, Chulho, Krutilla, Kerry, Viscusi, W. Kip and Boyd, Roy (1995), The Coase Theorem in a Rent-Seeking Society, International Review of Law and Economics, 15, 3, September, pp. 259-268.

Kahneman, Daniel, Knetsch, Jack L. and Thaler, Richard (1986), Fairness as a Constraint on Profit Seeking: Entitlements in the Market, American Economic Review, 76, 4, September, pp 728-741.

King, Richard G. (1999), Metastasio’s ‘L’Impresario delle Canarie’ and its Fortunes in London, Handel-Jahrbuch, 45, pp. 143-156.

King, Richard G. and Willaert, Saskia (1993), Giovanni Francesco Crosa and the First Italian Comic Operas in London, Brussels and Amsterdam, 1748-50, Journal of the Royal Musical Association, 118, 2, pp. 246-275.

Kretschmer, Martin, Klimis, George Michael and Choi, Chong Ju (1999), Increasing Returns and Social Contagion in Cultural Industries, British Journal of Management, 10, S1, September, pp. S61-S72.

Laffont, Jean-Jacques and Martimort, David (2002), The Theory of Incentives, Princeton, Princeton University Press.

Lawrence, Thomas B. and Phillips, Nelson (2002), Understanding Cultural Industries, Journal of Management Inquiry, 11, 4, December, pp. 430-441.

LeClair, Mark S. and Gordon, Kelly (2000), Corporate Support for Artistic and Cultural Activities: What Determines the Distribution of Corporate Giving?, Journal of Cultural Economics, 24, 3, August, pp. 225-241.

Long, Patrick T. and Perdue, Richard R. (1990), The Economic Impact of Rural Festivals and Special Events: Assessing the Spatial Distribution of Expenditures, Journal of Travel Research, 28, 4, Spring, pp. 10-14.

Luxton, Sheila (2003), Festival Brings Congestion, Noise and Filth, letter to the Sidmouth Herald, 15 August, folk7

Marcus, Philip M. and Zonia, Susan C. (1981), The Bureaucratic Impresario: University Arts Management as an Emerging Role, Western Sociological Review, 12, 1, pp. 90-101.

Mitchell, Claire J.A. and Wall, Geoffrey (1989), The Arts and Employment: A Case Study of the Stratford Festival, Growth and Change, 20, 4, Fall, pp. 31-40.

Molho, Ian (1997), The Economics of Information, Oxford, Blackwell.

Nurse, Keith (2002), Bringing Culture into Tourism: Festival Tourism and Raggae Sunsplash in Jamaica, Social and Economic Studies, 51, 1, March, pp. 127-143.

Oakes, Steve (2003), Demographic and Sponsorship Considerations for Jazz and Classical Music Festivals, The Service Industries Journal, 23, 3, May, pp. 165-178.

O’Hagan, John and Harvey, Denice (2000), Why Do Companies Sponsor Arts Events? Some Evidence and a Proposed Classification, Journal of Cultural Economics, 24, 3, August, pp. 205-224.

Peters, James (2004), 51st Festival Could See the Innocent Spirit of Folk Return, letter to the Sidmouth Herald, 13 August, folk36

Peterson, Richard A. (1986), From Impresario to Arts Administrator: Formal Accountability in Nonprofit Cultural Organisations, in DiMaggio, Paul J., ed., Nonprofit Enterprise in the Arts: Studies in Mission and Constraint, Oxford, Oxford University Press, pp. 161-183.

Prentice, Richard and Andersen, Vivien (2003), Festival as Creative Destination, Annals of Tourism Research, 30, 1, pp. 7-30.

Ralston, Linda S. and Stewart, William P. (1990), Methodological Perspectives of Festival Research Studies, Annals of Tourism Research, 17, 2, pp. 289-292.

Richards, Alan and Singh, Nirvikar (2000), No Easy Exit: Property Rights, Markets, and Negotiations over Water, Department of Environmental Studies and Department of Economics, University of California, Santa Cruz.

Robson, Alexander R.W. and Skaperdas, Stergios (2002), Costly Enforcement of Property Rights and the Coase Theorem, CES-ifo Working Paper No. 762.

Rodriguez Suso, Maria del Carmen (1998), La Trastienda de la Ilustracion: El Empresario Nicola Setaro y la Opera Italiana en Espana, Il Saggiatore Musicale: Rivista Semestrale di Musicologia, 5, 2, pp. 245-268.

Sachs, Justin (2002), The Money Trail: Measuring Your Impact on the Local Economy Using LM3, London, New Economics Foundation.

Samuelson, Paul (1995), Some Uneasiness with the Coase Theorem, Japan and the World Economy, 7, 1, May, pp. 1-7.

Schofield, Derek (2004a), The First Week in August, Matlock, Sidmouth International Festival Ltd.

Schofield, Derek (2004b), Lack of Understanding of how Festival Functions, letter to the Sidmouth Herald, 21 May, folk11a

Scott, Allen J. (1999a), The US Recorded Music Industry: On the Relations between Organisation, Location, and Creativity in the Cultural Economy, Environment and Planning A, 31, 11, November, pp. 1965-1984.

Scott, Allen J. (1999b), The Cultural Economy: Geography and the Creative Field, Media, Culture and Society, 21, 6, November, pp. 807-817.

Senior, Graham and Danson, Mike (1998), Liam and Noel in Balloch: An Economic Impact Assessment, Tourism Economics, 4, 3, September, pp. 265-277.

Shogren, Jason F. and Kask, Susan B. (1992), Exploring the Boundaries of the Coase Theorem: Efficiency and Rationality Given Imperfect Contract Enforcement, Economics Letters, 39, 2, June, pp. 155-161.

Sidmouth Festival (2004), A Statement from Sidmouth International Festival Limited and Mrs. Casey Music, Press Release, 3 Augus folk29

Sidmouth Herald (2001a), Cyber Row over Changing Face of the Festival, 9 November, folk3

Sidmouth Herald (2001b), Festival Boss Claims Profiteers Are ‘Killing the Golden Goose’, 14 December, folk4

Sidmouth Herald (2001c), A Blockbuster It Was Not Says Festival Director, 17 August, folk1

Sidmouth Herald (2004a), Don’t Adopt a Zero Tolerance Approach, 28 May, folk12

Sidmouth Herald (2004b), ‘Festival Will Change beyond Recognition’ Director Warns, 30 July.

Sidmouth International Festival (2004), Working Programme.

Snowball, J.D. and Antrobus, G.G. (2001), Measuring the Value of Arts to Society: The Importance of the Value of Externalities for Lower Income and Education Groups in South Africa, South African Journal of Economics, 69, 4, December, pp. 752-766.

Thomas, Louise (2004), Plans under Way for a Fringe Folk Festival, Western Morning News, 3 September.

Usher, Dan (1998), The Coase Theorem Is Tautological, Incoherent or Wrong, Economics Letters, 61, 1, October, pp. 3-11.

Vance, Charles (2004), Festival: Begging Bowl Mentality Gone Mad, letter to the Sidmouth Herald, 11 June, folk16

Wilson, Nicholas C. and Stokes, David (2004), Laments and Serenades: Relationship Marketing and Legitimation Strategies for the Cultural Entrepreneur, Qualitative Market Research: An International Journal, 7, 3, pp. 218-227.

Wozniak, Stephen J. (2004a), The Impact of Folk Festivals: Discussion of the Report Published by the Association of Festival Organisers in March 2004 folk22

Wozniak Stephen J. (2004b), Most of the Profits Go to Breweries, letter to the Sidmouth Herald, 4 June, folk14

Wozniak, Stephen J. (2004c), The Profits of Tourism: Estimating the Economic Benefits to Sidmouth of Hosting the Sidmouth International Festival, folk21

Wozniak Stephen J. (2004d), Policing of the 2004 Festival, folk28


main text page

back to top of section

back to home page