haku: @author Ressler, R. W. / yhteensä: 1
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Tekijä:Ekelund, R. B. Jr.
Ressler, R. W.
Watson, J. K.
Otsikko:The "Death-Effect" in Art Prices: A Demand-Side Exploration
Lehti:Journal of Cultural Economics
2000 : NOV, VOL. 24:4, p. 283-300
Asiasana:ART
PRICES
AUCTIONS
LATIN AMERICA
Kieli:eng
Tiivistelmä:Many factors affect the supply and demand characteristics of artists' output. This exploratory study focuses on a "supply-induced" demand effect - the death of the artist and the assurance that, from the perspective of the durable goods monopolist, the output of the artist ends. While not purporting to be a formal test of that proposition, the authors observe, using U.S. auction data, a clustered rise in artists' values immediately around the time of death and suggest some possible demand-side explanations using a sample of Latin American artists between 1977 and 1996. The paper provides a substential number of references on this subject.
SCIMA tietueen numero: 224699
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