According to a new European Union directive, artists, whose works are resold, are entitled to a share of the sales … price. The principal aim of this initiative is to let the artists participate in the economic success of their work. Our … analysis shows that the new directive is most likely to place the artists in a worse economic position. The analysis of the …

situation of young artists. A simple price theoretical argument shows that this goal is not likely to be reached. In addition to …

paintings, that selling activity would move to jurisdictions which do not have a Droit de Suite and that artists would prefer to … prices of 72 artists in Australia over the period 1973-1989 which reveals that the works few artists achieve a capital gain … only a small number of artists who are likely to be in good economic circumstances. The burden of the Droit de Suite is …