English, James F. - In: Handbook of the economics of art and culture : volume 2, (pp. 119-143). 2014
devices or quality signals. Also discussed are the costs of mounting an awards program, and the economics of awards …This chapter considers the economic dimensions of prizes and awards in the arts. It first treats the role of awards in … cultural status hierarchies. Having surveyed the existing literature, the chapter concludes by noting economists’ narrow and …