IDEAS home Printed from https://ideas.repec.org/a/sgh/annals/i45y2017p57-66.html
   My bibliography  Save this article

Risk in Internet Art Auctions

Author

Listed:
  • Joanna Białynicka-Birula

    (Uniwersytet Ekonomiczny w Krakowie)

Abstract

The paper has taken up the issue of the risk at Internet art auctions. Particular attention has been paid to a wide range of risks associated with works of art and the market for these objects. The article proposes a classification of risk with respect to trade in works of art. In particular, the paper discusses the risks related to the market, including the risks associated with the works of art themselves (the risk of authenticity, provenence risk, quality risk and physical risks). In addition, a special attention has been drawn to the risks associated with the parties of transaction (sellers / buyers): the risk of legal nature, the choice of intermediary in the transaction, the risk of changes to the parties to the transaction. Moreover, the risk associated with the closer and further environment of the auction market of works of art has been an important aspect of the discussion. The final section of the paper discusses the risks associated with online transactions at auctions.

Suggested Citation

  • Joanna Białynicka-Birula, 2017. "Risk in Internet Art Auctions," Collegium of Economic Analysis Annals, Warsaw School of Economics, Collegium of Economic Analysis, issue 45, pages 57-66.
    • Handle: RePEc:sgh:annals:i:45:y:2017:p:57-66
    as

    Download full text from publisher

    File URL: http://rocznikikae.sgh.waw.pl/p/roczniki_kae_z45_04.pdf
    File Function: Full text
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sgh:annals:i:45:y:2017:p:57-66. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Michał Bernardelli (email available below). General contact details of provider: https://edirc.repec.org/data/sgwawpl.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.