Economics of Art Auctions

Economics of Art Auctions
Title Economics of Art Auctions PDF eBook
Author Gianfranco Mossetto
Publisher FrancoAngeli
Pages 260
Release 2002
Genre Art
ISBN 9788846441645

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Economics of Art and Culture

Economics of Art and Culture
Title Economics of Art and Culture PDF eBook
Author Bruno S. Frey
Publisher Springer
Pages 134
Release 2019-03-30
Genre Business & Economics
ISBN 3030157482

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This book studies the relationship between the arts and the economy. By applying economic thinking to arts and culture, it analyses markets for art and cultural goods, highlights specific facets of art auctions and discusses determinants of the economic success of artists. The author also sheds new light on various cultural areas, such as the performing and visual arts, festivals, films, museums and cultural heritage. Lastly, the book discusses cultural policies, the role of the state in financing culture, and the relationship between the arts and happiness.

Handbook of the Economics of Art and Culture

Handbook of the Economics of Art and Culture
Title Handbook of the Economics of Art and Culture PDF eBook
Author
Publisher Newnes
Pages 705
Release 2013-09-16
Genre Business & Economics
ISBN 0444537775

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This volume emphasizes the economic aspects of art and culture, a relatively new field that poses inherent problems for economics, with its quantitative concepts and tools. Building bridges across disciplines such as management, art history, art philosophy, sociology, and law, editors Victor Ginsburgh and David Throsby assemble chapters that yield new perspectives on the supply and demand for artistic services, the contribution of the arts sector to the economy, and the roles that public policies play. With its focus on culture rather than the arts, Ginsburgh and Throsby bring new clarity and definition to this rapidly growing area. - Presents coherent summaries of major research in art and culture, a field that is inherently difficult to characterize with finance tools and concepts - Offers a rigorous description that avoids common problems associated with art and culture scholarship - Makes details about the economics of art and culture accessible to scholars in fields outside economics

Auctions

Auctions
Title Auctions PDF eBook
Author Timothy P. Hubbard
Publisher MIT Press
Pages 266
Release 2016-01-06
Genre Business & Economics
ISBN 0262528533

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How auctions work, in theory and practice, with clear explanations and real-world examples that range from government procurement to eBay. Although it is among the oldest of market institutions, the auction is ubiquitous in today's economy, used for everything from government procurement to selling advertising on the Internet to course assignment at MIT's Sloan School. And yet beyond the small number of economists who specialize in the subject, few people understand how auctions really work. This concise, accessible, and engaging book explains both the theory and the practice of auctions. It describes the main auction formats and pricing rules, develops a simple model to explain bidder behavior, and provides a range of real-world examples. The authors explain what constitutes an auction and how auctions can be modeled as games of asymmetric information—that is, games in which some players know something that other players do not. They characterize behavior in these strategic situations and maintain a focus on the real world by illustrating their discussions with examples that include not just auctions held by eBay and Sotheby's, but those used by Google, the U.S. Treasury, TaskRabbit, and charities. Readers will begin to understand how economists model auctions and how the rules of the auction shape bidder incentives. They will appreciate the role auctions play in our modern economy and understand why these selling mechanisms are so resilient.

The Economics of Contemporary Art

The Economics of Contemporary Art
Title The Economics of Contemporary Art PDF eBook
Author Alessia Zorloni
Publisher Springer Science & Business Media
Pages 195
Release 2013-04-16
Genre Business & Economics
ISBN 3642324053

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The book examines the contemporary art system with a broad and systematic approach, through the application of models of microeconomics and industrial organizations. By breaking down the traditional barriers between different academic disciplines such as art and economics, this book offers a unique opportunity to grasp the complexities of the contemporary art world and provides the tools to conduct a structural analysis of that market. The result is an in-depth analysis of the contemporary art market from an interdisciplinary perspective. While it is not a textbook in the strictest sense, the book offers a concise and effective overview of all actors in the art system, and provides supporting data and valuable information, both conceptual and practical. It is therefore a text that can be used by students wishing to better understand the complex dynamics that govern the contemporary art market, but also by cultural managers, collectors, potential art investors or simply art lovers who need a quick reference.​

Anonymous Art at Auction

Anonymous Art at Auction
Title Anonymous Art at Auction PDF eBook
Author Anne-Sophie V. Radermecker
Publisher BRILL
Pages 340
Release 2021-05-25
Genre Art
ISBN 9004460209

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In Anonymous Art at Auction, Anne-Sophie V. Radermecker takes the opposing view of the superstar economy by examining contemporary sales of Early Flemish paintings with unknown authorship and the effects of various substitutes for real names on price formation.

Art Auctions and Dealers

Art Auctions and Dealers
Title Art Auctions and Dealers PDF eBook
Author Dries Lyna
Publisher Brepols Publishers
Pages 196
Release 2009
Genre Antiques & Collectibles
ISBN

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This collection of essays presents a status quaestionis concerning the dissemination of Flemish and Dutch art during the period 1400-1800, and highlights the role art auctions and dealers have played in this process. Auctions emerged as the primary channel for art sales at the end of the seventeenth century in the Low Countries and during the eighteenth century, countless local art collections were broken up and put up for auction. Especially (old master) paintings exchanged hands in great numbers at these public sales, and the finest pieces frequently ended up in foreign holdings. The activities of the professional art dealer form the focus of several essays. These intermediaries played an instrumental role in the commercialization and expansion of the art trade in early modern Europe. They had a profound impact on the history of collecting as they mediated and even influenced taste. Naturally, the role of art dealers changed over time. Therefore, the historians, art historians and economists who contributed to this volume have approached this phenomenon in an interdisciplinary fashion in order to properly understand how art markets functioned. In doing so, these essays explore the various ways in which art dealers helped shape markets for art, and how they facilitated the increasing volume of exports of Netherlandish art from the sixteenth century onwards. Hans Vlieghe is professor emeritus at the University of Leuven. He has published extensively on Flemish art of the 17th century, especially on Rubens and his circle. Filip Vermeylen is assistant professor of Cultural Economics at the Erasmus University in Rotterdam. His current research focuses on the history of art markets. Dries Lyna works at the Center for Urban History (University of Antwerp), where he is currently preparing a Ph.D. thesis on art auctions in eighteenth-century Antwerp and Brussels.