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We investigate the effect of overreaction in the fine art market. Using a unique sample of auction prices of modern …) auction pricing estimate. Based on the overreaction hypothesis, we predict that overvalued (undervalued) prints generate a …
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We investigate the effect of overreaction in the fine art market. Using a unique sample of auction prices of modern …) auction pricing estimate. Based on the overreaction hypothesis, we predict that overvalued (undervalued) prints generate a …
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Statistical methods are widely used for valuation (prediction of the value at sale or auction) of a unique object such …-sale information, in a subset of cases for which this information is available. The methods are applied to a data set of auction prices …
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