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What can studying the creation of knowledge tell us about how new technical fields emerge and develop? This paper shows how a knowledge community may be necessary to support the legitimacy of new products that undergo performance evaluation before purchase. Using historical and ethnographic data...
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This paper highlights the paradoxical effects of increased price data in markets with difficult-to-value products where non-price factors are highly relevant. In the fine art market, the growth of market information providers facilitated access to auction price data, beneficial in a market noted...
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This article examines the growth of art investment through two key developments that mirror established practice in other areas of financial investment: the use of price indexes and the growth of specialized art investment funds. Building on my findings from ethnographic fieldwork in London and...
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This research examines gatekeepers’ categorization work to assess and sort audience members. Using a multi-sited ethnography and interpretivist qualitative lens, we explore how high-value art gallerists sort buyers via categories, but also encourage conformity with preferred audience...
Persistent link: https://www.econbiz.de/10014090244