Valuing cultural heritage through non-monetary scales: a comparison

Producción Científica

Bibliographic Details
Authors: Espinosa Casero, Fátima, Herrero Prieto, Luis César
Format: article
Status:Published version
Publication Date:2025
Country:España
Institution:Universidad de Valladolid
Repository:UVaDOC. Repositorio Documental de la Universidad de Valladolid
OAI Identifier:oai:uvadoc.uva.es:10324/80180
Online Access:https://doi.org/10.1007/s10824-025-09560-2
https://uvadoc.uva.es/handle/10324/80180
Access Level:Open access
Keyword:Valoración no de mercado
Patrimonio arqueológico
Método del coste del viaje
Escala del tiempo empleado
5307.19 Teoría del Bienestar
5307.15 Teoría Microeconómica
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spelling Valuing cultural heritage through non-monetary scales: a comparisonEspinosa Casero, FátimaHerrero Prieto, Luis CésarValoración no de mercadoPatrimonio arqueológicoMétodo del coste del viajeEscala del tiempo empleado5307.19 Teoría del Bienestar5307.15 Teoría MicroeconómicaProducción CientíficaEconomic valuation studies of cultural goods have a long history and have gained renewed interest in recent years. This paper poses a methodological challenge as the use of alternative scales to monetary ranges for the valuation of cultural heritage. A renowned archaeological site is taken as a case study, and its use value is estimated through the travel cost method (monetary value) and time spent visiting the site (non-monetary scale). According to consumption theory, we find an inverse relationship between the two scales and the intensity of demand. While the monetary approach mainly reflects the cost of accessing the good—ceteris paribus the preferences—the time spent approach shows that those who invest more time in the visit are fanatics, enthusiasts, dazzled youth, and educated adults. These results provide more efficient policy implications in the field of cultural management and price-marking for museums and cultural heritage institutions.Universidad de Valladolid / Banco Santander: contrato predoctoral UVa de Fátima Espinosa CaseroOpen access funding provided by FEDER European Funds and the Junta de Castilla y León under the Research and Innovation Strategy for Smart Specialization (RIS3) of Castilla y León 2021-2027.Springer Nature2025info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionapplication/pdfhttps://doi.org/10.1007/s10824-025-09560-2https://uvadoc.uva.es/handle/10324/80180reponame:UVaDOC. Repositorio Documental de la Universidad de Valladolidinstname:Universidad de ValladolidIngléshttps://link.springer.com/article/10.1007/s10824-025-09560-2info:eu-repo/semantics/openAccesshttp://creativecommons.org/licenses/by/4.0/oai:uvadoc.uva.es:10324/801802026-06-13T12:44:47Z
dc.title.none.fl_str_mv Valuing cultural heritage through non-monetary scales: a comparison
title Valuing cultural heritage through non-monetary scales: a comparison
spellingShingle Valuing cultural heritage through non-monetary scales: a comparison
Espinosa Casero, Fátima
Valoración no de mercado
Patrimonio arqueológico
Método del coste del viaje
Escala del tiempo empleado
5307.19 Teoría del Bienestar
5307.15 Teoría Microeconómica
title_short Valuing cultural heritage through non-monetary scales: a comparison
title_full Valuing cultural heritage through non-monetary scales: a comparison
title_fullStr Valuing cultural heritage through non-monetary scales: a comparison
title_full_unstemmed Valuing cultural heritage through non-monetary scales: a comparison
title_sort Valuing cultural heritage through non-monetary scales: a comparison
dc.creator.none.fl_str_mv Espinosa Casero, Fátima
Herrero Prieto, Luis César
author Espinosa Casero, Fátima
author_facet Espinosa Casero, Fátima
Herrero Prieto, Luis César
author_role author
author2 Herrero Prieto, Luis César
author2_role author
dc.subject.none.fl_str_mv Valoración no de mercado
Patrimonio arqueológico
Método del coste del viaje
Escala del tiempo empleado
5307.19 Teoría del Bienestar
5307.15 Teoría Microeconómica
topic Valoración no de mercado
Patrimonio arqueológico
Método del coste del viaje
Escala del tiempo empleado
5307.19 Teoría del Bienestar
5307.15 Teoría Microeconómica
description Producción Científica
publishDate 2025
dc.date.none.fl_str_mv 2025
dc.type.none.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
format article
status_str publishedVersion
dc.identifier.none.fl_str_mv https://doi.org/10.1007/s10824-025-09560-2
https://uvadoc.uva.es/handle/10324/80180
url https://doi.org/10.1007/s10824-025-09560-2
https://uvadoc.uva.es/handle/10324/80180
dc.language.none.fl_str_mv Inglés
language_invalid_str_mv Inglés
dc.relation.none.fl_str_mv https://link.springer.com/article/10.1007/s10824-025-09560-2
dc.rights.none.fl_str_mv info:eu-repo/semantics/openAccess
http://creativecommons.org/licenses/by/4.0/
eu_rights_str_mv openAccess
rights_invalid_str_mv http://creativecommons.org/licenses/by/4.0/
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Springer Nature
publisher.none.fl_str_mv Springer Nature
dc.source.none.fl_str_mv reponame:UVaDOC. Repositorio Documental de la Universidad de Valladolid
instname:Universidad de Valladolid
instname_str Universidad de Valladolid
reponame_str UVaDOC. Repositorio Documental de la Universidad de Valladolid
collection UVaDOC. Repositorio Documental de la Universidad de Valladolid
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