Machines and Masterpieces: Predicting Prices in the Art Auction Market

2019 ◽  
Author(s):  
Mathieu Aubry ◽  
Roman Kraeussl ◽  
Gustavo Manso ◽  
Christophe Spaenjers
Keyword(s):  
Auction Market ◽  
Art Auction

scholarly journals Evidence of Auction House Influence Over Buyer Behaviour and Price Formation in the Australian Art Auction Market

2009 ◽  
Vol 3 (1) ◽  
Author(s):  
Meaghan Wilson-Anastasios
Keyword(s):  
Empirical Evidence ◽  
Art Market ◽  
Price Formation ◽  
Market Development ◽  
Auction Market ◽  
Significant Control ◽  
Auction Houses ◽  
Buyer Behaviour ◽  
Scant Attention ◽  
Art Auction

During the last six months, there has been much discussion in the general and arts media about the manifestation of problematic practices within the Australian art auction market. Although the nature of these practices has been scrutinised, scant attention has been paid to how the methods and mechanisms employed by auction houses to build business during the art market boom that commenced in the late 1990s might represent a force that could undermine the sustainability of the market. Fundamental to this is quantifying the extent to which auction houses are able to influence market development. In this paper, I present empirical evidence that suggests that major Australian auction houses can exert significant control over buyer behaviour and price formation.

scholarly journals A Note on the Chinese Artists and the Art Auction Market

2013 ◽  
Vol 27 (2) ◽  
pp. 100-119
Author(s):  
김재준 ◽  
김성언
Keyword(s):  
Auction Market ◽  
Art Auction

Price efficiency in the art auction market

1991 ◽  
Vol 15 (2) ◽  
Author(s):  
M.A. Louargand ◽  
J.R. McDaniel
Keyword(s):  
Price Efficiency ◽  
Auction Market ◽  
Art Auction

Insecticide Residues on 1972 U.S. Auction-Market Tobacco

1975 ◽  
Vol 8 (1) ◽  
Author(s):  
J. J. Domanski ◽  
P. L. Haire ◽  
T.J. Sheets
Keyword(s):  
Detection Limit ◽  
Auction Market ◽  
Insecticide Residues ◽  
Low Detection Limit ◽  
Average Residue ◽  
The Individual ◽  
In Fire

AbstractAverage residue Ievels of DDT + TDE in flue-cured tobacco decreased from 6.1 ppm in 1970 to 0.85 ppm in 1972. DDT + TDE residues in Burley also dropped sharply from previous levels. In 1972 one sample from Kentucky contained 8.17 ppm; all other Burley samples were less than 0.25 ppm. DDT + TDE residues also declined in fire-cured and air-cured types; of these samples Tennessee dark air-cured tobacco contained the highest average residue (3.5 ppm of DDT + TDE). In 1972 over 90 % of the flue-cured samples were positive for toxaphene. Since each of our samples was a composite of tobacco from 10 farmers, we cannot conclude from this result that 90 % of the individual piles contained toxaphene. Significant amounts of toxaphene were found in other types also; for example, 50 % of the 1972 Burley samples had toxaphene concentrations greater than 0.5 ppm. Average endosulfan levels decreased between 1970 and 1972 in flue-cured and Burley tobaccos. However, in all of the dark air and dark fire-cured samples from Tennessee endosulfan residues exceeded 5 ppm. Average endrin residues were at or near the low detection limit in alI samples except fire-cured and dark air-cured tobacco from Tennessee; these averaged 0.26 and 0.17 ppm, respectively.

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