Campos, Nauro F.; Leite Barbosa, Renata - Institute for the Study of Labor (IZA) - 2008
(4) there is strong evidence in our data for the declining price anomaly, or “afternoon effect.” … for the declining price anomaly, or “afternoon effect.”
JEL Classification: D44, G11, L12, Z10
Keywords: art … auctions, masterpiece effect, declining price anomaly, Latin American art
Corresponding author:
Nauro F. Campos …