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We analyze the evolution of the price of paintings in the XVII century Amsterdam art market to test a hypothesis of endogenous entry: higher profitability should attract more entry of painters, which in turn should lead to artistic innovations and more intense competition. We build a price index...
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This article discusses the acquisition of East Asian porcelain for the furnishing of the Japanese Palace, Augustus the Strong’s pleasure palace in Dresden. It focuses on two important documents that give information on how and where porcelain was purchased in 18th century Saxony: firstly, the...
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