Discoveries of fakes: Their impact on the art market

This paper shows that before (after) fakes’ discoveries, artworks are less (more) likely to be sold through Sotheby’s or Christie’s. Prices only react negatively with a lag, suggesting that sellers try to postpone their sales as long as possible.

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Year of publication:	2011
Authors:	Bocart, Fabian ; Oosterlinck, Kim
Published in:	Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 113.2011, 2, p. 124-126
Publisher:	Elsevier
Subject:	Art market \| Fakes \| Hedonic regression \| Sotheby’s \| Christie’s

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Type of publication:	Article
Classification:	Z11 - Economics of the Arts and Literature
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010576465