The paper is part of a lecture about Arts and Economics, where we learned how the art market works, its authors and players, pricing and so on.
Art auctions are part of the secondary art market, those actions have planty anomalies (bouht in items, pricing, …). The paper should focus on those anomalies and provide an overview.
Art auction anomalies and their impact on art prices Motivation: To take the investment perspective of art, one would wonder whether art follows the law of one price, that is, same (or very similar) goods should sell for the same prices. However, this is often not the case for artworks.
The paper is for one of the top business school in europe, quality of reference and text is therefore key. The courses are thought in english, please ensure the writer is a native english speaker.
Attached you can find a doc with all the relevant information for the paper.
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