Castellani, Massimiliano; Pattitoni, Pierpaolo; Scorcu, … - In: Economics and Business Letters 1 (2012) 3, pp. 16-22
This paper proposes an empirical analysis to establish the determinants of artist price heterogeneity. Using a unique dataset, which comprises all artwork sales occurred in Italy in the period 2006–10, and a novel econometric approach, we show that price heterogeneity is explained by...