Abstract
The article describes the application of contingent valuation to estimate the value of the benefits that the Australian community derives from the mandatory transmission of Australian programs by television stations. This application of contingent valuation to estimate cultural benefits offers an insight on the potential for a wider application of the methodology to evaluate cultural policy instruments. The study found that a majority of Australians support regulation of the domestic content of television programs and considers the value of the related benefits to be commensurate with the cost of supplying domestic programming.
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Papandrea, F. Willingness to Pay for Domestic Television Programming. Journal of Cultural Economics 23, 147–164 (1999). https://doi.org/10.1023/A:1007571812251
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DOI: https://doi.org/10.1023/A:1007571812251