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Preference for public support to street art

Preference for public support to street art

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Economic growth can occur within a monolithic, grey urban environment, allowing for decaying facades and deteriorating public spaces. Where artists provide a colorful facelift to urban infrastructure, cities learn to channel the creative capacity of street art. The public good aspect thereby becomes significant in street art’s dimension of wide acc...

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Context 1
... this observation, a disassociation appears between individual contributions and public contributions preferred towards street art. Figure 3 records the willingness to pay indirectly, through government spending, showing perhaps the more general preference for artistic goods, beyond what is usually captured in the price to be paid by the individual. As such, we note the estimated value of public spending towards a piece of street art, with answers being more normally distributed and with a median around the same value as median income. ...