revenue without a consequential decline, and perhaps even an increase, in the entry of artists and the supply of high quality … music. There have been numerous explanations posited and this paper adds a novel one: that artists are time inconsistent and … anticipated, piracy actually constrains the degree to which artists sell out, and assured of that, raises entry returns …

For 35 leading painters who lived in France during the first century of modern art, this paper uses textbook … puzzle: why do some of the greatest artists not produce famous paintings, and why do some relatively minor artists produce … experimental and conceptual painters. Experimental artists work incrementally, their innovations appear gradually, and they …

Modern painting began in France during the nineteenth century. Using transactions from art auctions for the work of 50 … leading painters who worked in France during the first century of modern art, I estimate the relationship between the value of … a painting and the artist's age at the date of its execution. The econometric estimates show that artists born before …

auction records, we estimate the relationship between artists' ages and the value of their paintings for two successive … cohorts of modern American painters. We find that a substantial decline occurred over time in the age at which these artists …

-practicing entities (NPEs) as either "benign middlemen", who help to reallocate IP to where it is most productive, or "stick-up artists …

experimental artists, who were committed to realism, whereas Man Ray and Sherman were conceptual innovators, who constructed images … is characteristic of the almost exclusively conceptual uses that today's advanced artists make of its techniques and …