Cultural Asset Economics: A Structural Framework for Durability, Ownership, and Intergenerational Risk

December 18, 2025Open Access

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Key Points

The aim is to develop a structural framework that evaluates the economics of cultural assets, focusing on durability and ownership across generations.
Conceptual analysis of existing literature on cultural assets and economics.
Development of a structural framework to assess durability and ownership.
Examination of intergenerational risks associated with cultural asset management.
The framework elucidates key factors impacting the durability of cultural assets.
Ownership dynamics are explored, shedding light on economic behaviors related to cultural preservation.
Intergenerational risks are highlighted, emphasizing the importance of sustainability in cultural asset management.

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This framework analyzes durability and ownership in cultural assets, highlighting intergenerational risk implications.

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Mitt Chen (2025) studied this question.

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