Skip to main content
SpringerLink
Log in

Price efficiency in the art auction market

  • Published:
Journal of Cultural Economics Aims and scope Submit manuscript

This is a preview of subscription content, log in via an institution to check access.

Access this article

Log in via an institution

Price excludes VAT (USA)
Tax calculation will be finalised during checkout.

Instant access to the full article PDF.

Institutional subscriptions

References

  • Anderson, Robert C. “Paintings as an Investment.” Economic Inquiry, 12, 1, (March, 1974), pp. 13–26.

    Google Scholar 

  • Bohlin, Virginia. “Small Items a Big Factor in Auction Profits.” Boston Sunday Globe, November 4, 1990.

  • Bryan, Michael F. “Beauty and the Bulls: The Investment Characteristics of Paintings.” Economic Review Federal Reserve Bank of Cleveland, (First Quarter, 1985), pp. 2–10.

  • Carlson, Barbara. “A Piece of the Auction.” New England Business, (October, 1989), pp. 45–49.

  • Dobrzynski, Judith H. “The Picture is Still Pretty in the Art World -So Far.” Business Week, December 28, 1987, pp. 184–185.

  • Dobrzynski, Judith H. “What am I Bid for a Fast-Climbing Auction House?” Business Week, April 11, 1988, pp. 86–90.

  • Druckman, Nancy. Interview. Sotheby's American Folk Art Expert Department. June, 1990.

  • Frey, Bruno S. and Werner W. Pommerehne. “Is Art such a Good Investment?” The Public Interest, (Spring 1988), pp. 79–86.

  • Lee, Susan. “Greed is not Just for Profit.” Forbes, April 18, 1988, pp. 65–70.

  • Madden, Stephen. “A Rare Seminar on Collectibles.” Fortune, 118, 10, (Fall, 1988), pp. 67–82.

    Google Scholar 

  • Peers, Alexandra. “Disappointing Art-Auction Sales Paint Riskier Picture for Investors.” Wall Street Journal, May 10, 1990.

  • Pennington, Samuel. Interview. Publisher, MaineAntique Digest. May, 1990.

  • Regan, Patrick J. “Speculation: Art Imitates Life.” Financial Analysts Journal, (September–October 1989), pp. 16–17.

  • Rush, Richard H. Investments You Can Live with and Enjoy. Washington, D.C.: U.S. News and World Report Books, 1974.

    Google Scholar 

  • Siegel, Andrew, Practical Business Statistics, Irwin, Homewood, IL, 1990.Singer, Leslie. “Microeconomics of the Art Market”. Journal of Cultural Economics. v.2, 1978, pp. 21–40.

    CAS  Google Scholar 

  • Stein, John Picard. “The Monetary Appreciation of Paintings. Journal of Political Economy, 85, 5, (1977), pp. 1021–1035.

    Google Scholar 

  • Stein John Picard. “Top and Bottom of the Art Market.” The Economist, October 28, 1989, p. 83.

Download references

Authors
  1. M. A. Louargand
    View author publications

    You can also search for this author in PubMed Google Scholar

  2. J. R. McDaniel
    View author publications

    You can also search for this author in PubMed Google Scholar

Rights and permissions

Reprints and permissions

About this article

Cite this article

Louargand, M.A., McDaniel, J.R. Price efficiency in the art auction market. J Cult Econ 15, 53–65 (1991). https://doi.org/10.1007/BF00208446

Download citation

  • Issue Date:

  • DOI: https://doi.org/10.1007/BF00208446

Keywords

Search

Navigation