relative and absolute concentration in the television business. It is concluded that by being exposed to art and culture people …Trends in arts and culture tend to be longer-lasting and less fragile than in other fields such as clothing design …. Most herding models are not able to explain such stability, instead predicting informational cascades to be fragile and …

relative and absolute concentration in the television business. It is concluded that by being exposed to art and culture people …Trends in arts and culture tend to be longer-lasting and less fragile than in other fields such as clothing design …. Most herding models are not able to explain such stability, instead predicting informational cascades to be fragile and …

artists account for a large portion of the art auction volume. We provide empirical evidence for our theory of herding …This paper uses information cascades theory to analyze the art market. It focus on the art stars, explaining the … phenomenon that in the art market a small fraction of artists accounts for most of the trade and dominate the financial activity …

relative and absolute concentration in the television business. It is concluded that by being exposed to art and culture people …Trends in arts and culture tend to be longer-lasting and less fragile than in other fields such as clothing design …. Most herding models are not able to explain such stability, instead predicting informational cascades to be fragile and …

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 …

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 …

Several types of arguments advocate state involvement in the promotion of culture. Many of them imply some sort of … excise taxation on culture only as a way to redistribute income. However, to the extent that culture is a public good, taxing …

services defines and refines us as humans. The economics of culture, notwithstanding its deeply rooted epistemological … megatrends, catalysts/inhibitors and game-changers, AI's impact upon the art economy is investigated and illustrated via some …

arts and culture, and when corporate philanthropy emerged in the 1950s it was also often aimed at the arts and culture. The … grants to the arts and culture; and the rising number of community and family foundations. American philanthropy is … historical tradition and legal framework has given rise to different forms of support for the arts and culture, with a greater …