Quantifying the Economic Value of Cultural Heritage
IHS maakt onderdeel uit van de Erasmus University Rotterdam en biedt de seminar Urban Heritage Strategies aan. AEPB is gevraagd om college te verzorgen over de economische waardering van gebouwd erfgoed.
Built cultural heritage is a multi-attributed urban amenity. Its economic value is complex to measure because it is not traded separately on a market. Economists have explored alternative ways to find the market value. Revealed and stated preference techniques are methods to find the use and non-use value of cultural heritage.
From the perspective of the government the question is whether there is market failure which government intervention justifies. A linked question is the optimal level of those government interventions.