Results 11 to 20 of about 54,771 (258)

Is there a bubble in the art market? [PDF]

open access: yesJournal of Empirical Finance, 2014
The record-breaking prices observed in the art market over the last three years raise the question of whether we are experiencing a speculative bubble. Given the difficulty to determine the fundamental value of artworks, we apply a right-tailed unit root test with forward recursive regressions (SADF test) to detect explosive behaviors directly in the ...
Kräussl, Roman   +2 more
openaire   +6 more sources

Art market inefficiency [PDF]

open access: yesEconomics Letters, 2013
Art is often used as an investment vehicle. Given the importance of market efficiency in finance, we use a large auction-based index to test whether the art market is weakly efficient. Evidence reveals that returns on artworks exhibit high positive auto-correlation. We attribute this result to price truncation resulting from unobservable reserve prices
David, Geraldine   +2 more
openaire   +2 more sources

Under Control: Sol LeWitt and the Market for Conceptual Art

open access: yesJournal for Art Market Studies, 2018
In April 1972, one year before his accidental death, Robert Smithson cautioned: “The artist isn’t in control of his value.” He did not seem to speak for Sol LeWitt, who emphasized the transformation of the traditional production conditions of an artwork ...
Martin Hartung
doaj   +1 more source

A Few Notes on Art Auctions

open access: yesFoundations of Management, 2023
The art market, following the example of financial markets, is divided into a primary market, where works are traded directly from artists, and a secondary market that is mainly the auction market.
Drabik Ewa
doaj   +1 more source

The Art Fairs in Rio de Janeiro and São Paulo: Democratization and Access to Art as a Marketing Strategy

open access: yesHart, 2019
Brazil’s art market has experienced a significant growth during the 2000s and the first years of the 2010s. This growth, among other things, has stimulated the creation of four contemporary art fairs in the two richest cities in Brazil-São Paulo and Rio ...
Daniela Stocco
doaj   +1 more source

Crime in the art market - anti-crime measures

open access: yesJournal of Education, Health and Sport, 2017
The aim of the work is to present selected aspects of crime in the art market and the possibility of counteracting them. The author has used: the method of legal analysis  and literature study.Crime in the art market is related to the cultural goods, the
Agata Klimczyk
doaj   +3 more sources

Disruption, Digitalization and Connectivity: Asia’s Art Market in Transformation

open access: yesArts, 2022
This study investigates the ongoing transformation in galleries, auctions, and museums in Hong Kong, Shanghai, Taipei, and Singapore, where new models for art transactions and exhibiting practices lead to unprecedented evolution in the global art market.
Sue Hua
doaj   +1 more source

Measuring Art Markets

open access: yesArtivate: A Journal of Entrepreneurship in the Arts, 2019
The art market represents a sector of economic activity that is highly entrepreneurial and comprised of many small businesses and individuals. Since the bulk of production and sales takes place through these micro-enterprises, there are numerous problems present for the researcher seeking to measure it.
Jeffrey Taylor   +2 more
openaire   +2 more sources

Circulation and the Art Market

open access: yesJournal for Art Market Studies, 2017
Circulation is an exciting prism through which to conduct research into the art market. It invites us to think in terms of flows and exchanges rather than in terms of stock, prices, and quantities sold or bought.
Béatrice Joyeux-Prunel
doaj   +1 more source

A Woman of No Importance?: Elizabeth Workman’s Collection of Impressionist and Post-Impressionist Art in Context

open access: yes19, 2021
This article discusses Elizabeth Workman’s collection in the context of the early reception of Impressionism by women artists in Britain and the USA.
Frances Fowle
doaj   +2 more sources

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