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The Economics of Cultural Transmission and Socialization
Bisin, Alberto - 2010
Cultural transmission arguably plays an important role in the determination of many fundamental preference traits (e.g., discounting, risk aversion and altruism) and most cultural traits, social norms, and ideological tenets ( e.g., attitudes towards family and fertility practices, and attitudes...
Persistent link: https://www.econbiz.de/10013136354
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The Life Cycles of Modern Artists : Theory, Measurement, and Implications
Galenson, David W. - 2021
There have been two very different life cycles for important modern artists: some, including Picasso, have made their greatest contributions early in their careers, whereas others, like C‚zanne, have produced their best work late in their lives. Art's young geniuses have worked deductively to...
Persistent link: https://www.econbiz.de/10013218301
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The Economics of Aesthetics and Three Centuries of Art Price Records
Goetzmann, William N. - 2020
Aggregate art price patterns mask a lot of underlying variation--both in the time series and in the cross- section. We argue that, to increase our understanding of the market for aesthetics, it is helpful to take a micro perspective on the formation of art prices, and acknowledge that each...
Persistent link: https://www.econbiz.de/10012856537
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The Economics of Latin American Art : Creativity Patterns and Rates of Return
Edwards, Sebastian - 2021
In this paper I use a large data set to analyze two aspects of the Latin American arts: (1) the nature of artistic creative process, and (2) Latin American art as an investment. I use data on auctions to understand the relation between artists' age and the value of their work. The analysis on...
Persistent link: https://www.econbiz.de/10013245534
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Economics, History, and Causation
Morck, Randall - 2011
Economics and history both strive to understand causation: economics using instrumental variables econometrics and …
Persistent link: https://www.econbiz.de/10013131513
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The Integration of Economic History into Economics
Margo, Robert A. - 2017
In the United States today the academic field of economic history is much closer to economics than it is to history in … terms of professional behavior, a stylized fact that I call the “integration of economic history into economics”. I document … history and economics; and publication histories of successive cohorts of PhDs in the first decade since receiving the …
Persistent link: https://www.econbiz.de/10012953510
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Portraits of the Artist : Personal Visual Art in the Twentieth Century
Galenson, David W. - 2020
Scholars of literature have devoted considerable attention to what they have called confessional or personal poetry, in which Robert Lowell, Sylvia Plath, and a series of other poets, from the 1950s on, made their art out of the experiences of their own lives. Yet art scholars have not analyzed...
Persistent link: https://www.econbiz.de/10012842524
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Corporate Culture, Societal Culture, and Institutions
Guiso, Luigi - 2015
While both cultural and legal norms (institutions) help foster cooperation, culture is the more primitive of the two and itself sustains formal institutions. Cultural changes are rarer and slower than changes in legal institutions, which makes it difficult to identify the role played by culture....
Persistent link: https://www.econbiz.de/10013027280
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The Life Cycles of Modern Artists
Galenson, David W. - 2021
There have been two very different life cycles for great modern artists: some have made their major contributions early in their careers, while others have produced their best work later in their lives. These patterns have been associated with different artistic goals and working methods:...
Persistent link: https://www.econbiz.de/10013221851
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The Reappearing Masterpiece : Ranking American Artists and Art Works of the Late Twentieth Century
Galenson, David W. - 2021
A survey of the illustrations in textbooks of modern art produces the startling finding that art scholars consider Robert Smithson's Spiral Jetty to be the most important individual work made by an American artist during the past 150 years. More generally, quantifying the evidence of the...
Persistent link: https://www.econbiz.de/10013215024