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Sale Rates and Price Movements in Art Auctions

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NBER2011-01-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w16743
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资源简介:
The failure of many paintings to sell in art auctions indicates the presence of reserve prices set by sellers. This paper examines the relationship between sale rates and price surprises over time in art auctions. Using data on contemporary and impressionist art, we show that while sale rates appear
提供机构:
美国国家经济研究局
创建时间:
2011-01-01
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