In this paper we present the state of the art concerning the distinction between economic
and cultural value and the way the two values interact with each other. Our review espouses …

While the traditional art market stagnates, the digital art market is booming partially due to its
connection with non-fungible tokens, which allow any unique goods to be mapped in a …

This paper investigates the price determinants and investment performance of art. We apply
a hedonic regression analysis to a new data set of more than one million auction …

Purpose This research advances current knowledge about art infusion, which is the ability of
art to favorably influence the assessment of consumer products. In particular, the research …

Artists, musicians, actors, singers, designers and other creative individuals need to
understand basic business concepts if they are to successfully pursue their chosen artistic …

We examine a general masterpiece effect (ME) in art markets, by estimating implicit prices of
artwork's characteristics and rates of return across the price distribution by means of hedonic …

While real incomes declined and the global art market stagnated, the digital art market was
booming in recent years. This was partially due to its connection with non-fungible tokens …

We emphasize that color composition is an important characteristic of a painting. It impacts
the auction price of a painting, but it has never been considered in previous studies on art …

This study constructs a quarterly hedonic price index using 64,203 artworks, by seventy‐one
well‐known modern and contemporary A ustralian artists, sold at auction houses over the …

We study price determinants and investment performance of art using a vast sample of
transactions worldwide over the past 60 years. We focus on paintings and drawings which …