In the opening article, Throsby proposes a model to represent the artistic production process with input and output variables, approaching the individual artist as a small business firm.

The other articles: Lazzaro deals with the measurement of quality and originality in art works; Fedeli/Santoni relate the organisational structure of museums to the underlying state policy using the case of Italy; Worthington/Higgslook investigate risk and return in the Australian art market. The book review critically presents the monograph by Dolfsma on the economic aspects of the rise of pop music.

To view the publisher's online table of contents with abstracts and full text versions of the articles, please click on this external link.