PRICING OF THE ART AND THE MUTUAL STUDY OF EUROPEAN UNION (EU)-TURKEY BY THE MEDIATION OF THE STRUCTURE OF ART MARKETS: BRITISH ROYAL BALLET (BRB) AND ANKARA STATE OPERA AND BALLET (ASOB) CASES

Abstract

The condition of a product is determined by two fundamental criteria: Market and price. Same situations also is being valid for ‘service’ which is a sort of product. As it is known markets seperate ‘monopoly’ and ‘perfect competiton, a product’s/a service’s pricing is differentiated because of different market structure. The formation of the markets is intertwined by devoloping the sector of those products/services economical, sociological and historical. In this study we will examine the art sector in specify Ankara State Opera and Ballet (ASOB). We are not only limited by ASOB, we will handle the subject with an example choosing from European Union (EU), British Royal Ballet (BRB), comperatively as well. Although both institutions are in the same sector, they differentiate because of the different market structure. ASOB is mostly a monopoly, BRB is exactly in a perfect competiton market. Therefore, the price of art which is in the sector will be a differentiated service as its market. In this field, it is important and neccessary to examine which is economical, socilogical an historical consequences of the markets why the the structure of the markets have been existed very contrary of EU and Turkey

Keywords

• perfect competition market, monopole market, pricing, art

References

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