We provide evidence that culture is a source of pricing bias. In a sample of 1.9 million auction transactions in 49 … potential gender differences in art characteristics and their liquidity. Evidence from two experiments supports the argument … that women's art may sell for less because it is made by women. However, the gender discount reduces over time as gender …

In the secondary art market, artists play no active role. This allows us to isolate cultural influences on the demand … their preferences for paintings associated with female artists. Women's art appears to sell for less because it is made by …