The relationship between pre-sale price estimates and the hammer price for Australian paintings sold at auction


Autoria(s): Coate, Bronwyn S.; Farrell, Lisa; Fry, Tim R. L.
Data(s)

01/01/2012

Resumo

Realized price for paintings auctioned can systematically differ from prior estimates. We need to understand why experts get it wrong. This paper uses an econometric approach to investigate how pre-sales price estimates are formed and the impact that they have in determining auction prices for Australian paintings.

Identificador

http://hdl.handle.net/10536/DRO/DU:30053504

Idioma(s)

eng

Publicador

Association for Cultural Economics International

Relação

http://dro.deakin.edu.au/eserv/DU:30053504/coate-relationshipbetween-2013.pdf

http://www.culturaleconomics.org/conference/

Palavras-Chave #Australian art #pre-sales price estimates #auction prices
Tipo

Conference, Exhibition or Event