Autore
Santagata, Walter

Titolo
Institutional anomalies in the contemporary art market
Periodico
Università degli studi di Torino. Dip. Di Economia e Statistica Cognetti de Martiis. Working paper series
Anno: 1995 - Fascicolo: 7 - Pagina iniziale: 1 - Pagina finale: 24

This paper analyses two anomalies of the contemporary art market and the institutions created in order to allow the market to develop. The first anomaly concerns the incomplete specification of property rights in the market of successful artists. The second one originates with the lack of "credibility", or time consistency, that characterises the relationships between young artists and gallery owners.




Esportazione dati in Refworks (solo per utenti abilitati)