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article is to shed light on the social contexts relevant for perception and interpretation of market prices by social actors …. Overviewed literature enables to state that the perception of price and pricing behavior (defined as the set of possible … estimation current prices are shaped within social interaction beyond the market, especially through the everyday storytelling …
Persistent link: https://www.econbiz.de/10011098812
Creative work has enhanced human development since early times; similarly, the latter can expand the former. But the links are not automatic. Creative work can be rife with exploitation and gender bias. Writers can advance human welfare, yet illiterate people may not benefit. To expand the...
Persistent link: https://www.econbiz.de/10012855470
social networks of the art market in London, concluding that art pricing services are best used for specific purposes, rather … center for wealth, and provide a brief background on the use of investment fund structures. For both art pricing and art fund … the art market are better off using art experts, either by investing in specialized art funds or through hiring art …
Persistent link: https://www.econbiz.de/10012857657
An economic analysis of fakes differs substantially from the legal and the art historic views which both tend to … small and are mitigated by emerging institutions (guarantees, sellers with reputation). The paper suggests "art quotations …" (similar to academic quotations) as a beneficial solution to creators of originals and consumers. "Art quotations" are …
Persistent link: https://www.econbiz.de/10014171139
A case for the de-criminalization of graffiti is made, based on the existence of an unjust government, and predicated on private property rights. A distinction is made between artistic trespass, or vandalism, on the one hand, which we claim can be undertaken only on private property, and, on the...
Persistent link: https://www.econbiz.de/10014224787
I analyze the Renaissance art market in Italy through a unique dataset on primary commissions between 1285 and 1550 …. Hedonic regressions on the real price of paintings allow me to advance evidence that the art market was to a large extent …
Persistent link: https://www.econbiz.de/10014120133
. Mandeville and Galiani observed that the prices of art works were determined almost entirely on the demand side of the market …Attention to art and culture goes far back in the history of economic thought. In the seventeenth century those … art markets. Hume and Turgot perceived positive social benefits emerging from the arts, and they attempted to understand …
Persistent link: https://www.econbiz.de/10014023827
Despite substantial government funding and public support for the arts in the United States, quantitative evidence of the benefits of arts participation is rarely addressed in debates over cultural policy. Advocates in recent decades have relied heavily—and sometimes successfully—on economic...
Persistent link: https://www.econbiz.de/10014255999
The paper deals with the problem of determinants of the auction prices of the works of art. A specialattention is given … to the attributes of works of art i.e.: the name of artist, time of creation, format (size), theme, technique, signature …. The analysis is based on the cross-section data on art auction results of severalauction sessions in Poland. The empirical …
Persistent link: https://www.econbiz.de/10013229546
conclusions are that survey results show consistency as between different sectors of the arts labour market. Artists work long …
Persistent link: https://www.econbiz.de/10008852290