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Focuses on different regions (including China, Russia, India, and Japan) as well as different institutions and organizations to examine barriers to and effects of globalization on the art market's organizational dynamics and people within the art industry
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Alternative investments are very popular among investors in the period of economic downturn. During the last period of time, the art market, especially the market of painting has became very popular segment of alternative investments. The extension of the investment portfolio of works of art...
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phenomenon that in the art market a small fraction of artists accounts for most of the trade and dominate the financial activity … artists account for a large portion of the art auction volume. We provide empirical evidence for our theory of herding … suggests that contemporary artists and less-established ones are subject to more herding behavior than 400 highest ranked …
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