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Economics of Art Auctions

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Release : 2002
Genre : Art
Kind : eBook
Book Rating : 645/5 ( reviews)

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Book Synopsis Economics of Art Auctions by : Gianfranco Mossetto

Download or read book Economics of Art Auctions written by Gianfranco Mossetto. This book was released on 2002. Available in PDF, EPUB and Kindle. Book excerpt:

Economics of Art and Culture

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Author :
Release : 2019-03-30
Genre : Business & Economics
Kind : eBook
Book Rating : 482/5 ( reviews)

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Book Synopsis Economics of Art and Culture by : Bruno S. Frey

Download or read book Economics of Art and Culture written by Bruno S. Frey. This book was released on 2019-03-30. Available in PDF, EPUB and Kindle. Book excerpt: 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.

The Economics of American Art

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Release : 2017-07-03
Genre : Business & Economics
Kind : eBook
Book Rating : 91X/5 ( reviews)

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Book Synopsis The Economics of American Art by : Robert B. Ekelund Jr.

Download or read book The Economics of American Art written by Robert B. Ekelund Jr.. This book was released on 2017-07-03. Available in PDF, EPUB and Kindle. Book excerpt: The rapidly changing and evolving art market might appear to be chaotic to the casual observer, with new highs, potential lows, and tastes and fashions changing season to season. Economists, however, view the actions of buyers and sellers as constituting an identifiable market. They have, for some decades, studied such issues as artistic productivity and "death effects" on prices, investment returns, and on the basis of the behavior and estimated prices in auction markets. The Economics of American Art analyzes the most pervasive economic issues facing the art world, applied to the whole spectrum of American art. The book begins by looking at how a market for American art developed, how the politics of the post-war era shaped, at least in large part, the direction of American art, and how this legacy continues into contemporary art today. The book then tackles several salient, integral questions animating the American art world: Are age and "type" of artist (i.e. traditional or "innovative") related and, if so, how might they be related to productivity? Is investment in American art a remunerative endeavor compared to other investment possibilities? Do economic insights provide understanding of fakes, fraud and theft of art, particularly American art, and is it possible to prevent art crime? Is there is a boom (or a bust) in the market for contemporary American art as might be found in other markets? The ongoing evolution of American art is attended by a massive number of influences, and the economic concepts employed in this volume will complement other critical and important cultural studies of art. Both practical and accessible, The Economics of American Art will be essential for collectors, auction houses, American art experts of all kinds, museums, gallery owners and, not least, by economists with continuing scholarly interests in these matters.

The $12 Million Stuffed Shark

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Release : 2012-02-21
Genre : Art
Kind : eBook
Book Rating : 934/5 ( reviews)

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Book Synopsis The $12 Million Stuffed Shark by : Don Thompson

Download or read book The $12 Million Stuffed Shark written by Don Thompson. This book was released on 2012-02-21. Available in PDF, EPUB and Kindle. Book excerpt: Why would a smart New York investment banker pay $12 million for the decaying, stuffed carcass of a shark? By what alchemy does Jackson Pollock's drip painting No. 5, 1948 sell for $140 million? Intriguing and entertaining, The $12 Million Stuffed Shark is a Freakonomics approach to the economics and psychology of the contemporary art world. Why were record prices achieved at auction for works by 131 contemporary artists in 2006 alone, with astonishing new heights reached in 2007? Don Thompson explores the money, lust, and self-aggrandizement of the art world in an attempt to determine what makes a particular work valuable while others are ignored. This book is the first to look at the economics and the marketing strategies that enable the modern art market to generate such astronomical prices. Drawing on interviews with past and present executives of auction houses and art dealerships, artists, and the buyers who move the market, Thompson launches the reader on a journey of discovery through the peculiar world of modern art. Surprising, passionate, gossipy, revelatory, The $12 Million Stuffed Shark reveals a great deal that even experienced auction purchasers do not know.

Fine Art and High Finance

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Release : 2010-05-20
Genre : Business & Economics
Kind : eBook
Book Rating : 459/5 ( reviews)

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Book Synopsis Fine Art and High Finance by : Clare McAndrew

Download or read book Fine Art and High Finance written by Clare McAndrew. This book was released on 2010-05-20. Available in PDF, EPUB and Kindle. Book excerpt: Art and finance coalesce in the elite world of fine art collecting and investing. Investors and collectors can’t protect and profit from their collections without grappling with a range of complex issues like risk, insurance, restoration, and conservation. They require intimate knowledge not only of art but also of finance. Clare McAndrew and a highly qualified team of contributors explain the most difficult financial matters facing art investors. Key topics include: Appraisal and valuation Art as loan collateral Securitization and taxation Investing in art funds Insurance The black-market art trade Clare McAndrew has a PhD in economics and is the author of The Art Economy. She is considered a leading expert on the economics of art ownership.

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