Journal of Cultural Economics

, Volume 21, Issue 1, pp 1–28 | Cite as

The Willingness-to-Pay for the Royal Theatre in Copenhagen as a Public Good

  • Trine Bille Hansen


In this paper some of the results of a Contingent Valuation (CV)-Study of the Royal Theatre in Copenhagen, Denmark, are presented. The estimated aggregated willingness-to-pay (WTP) for the Royal Theatre through taxes shows that the Danish population wants to pay at least as much as the theatre receives in public subsidies. The visitors comprise only about 7 per cent of the total population, but the non-users' WTP is quite substantial which is the interesting point. It means that the non-users are willing to pay an option price and that the Royal Theatre has non-use value.

contingent valuation willingness-to-pay taxes theatre non-market benefits of the art 


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Copyright information

© Kluwer Academic Publishers 1997

Authors and Affiliations

  • Trine Bille Hansen
    • 1
  1. 1.AKF, Institute of Local Government Studies - DenmarkCopenhagenDenmark

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