Results 11 to 20 of about 54,771 (258)
Is there a bubble in the art market? [PDF]
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
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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
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Under Control: Sol LeWitt and the Market for Conceptual Art
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
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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
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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
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Crime in the art market - anti-crime measures
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
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Disruption, Digitalization and Connectivity: Asia’s Art Market in Transformation
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
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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
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Circulation and the Art Market
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
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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
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