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Copies of Artworks: The Case of Paintings and Prints

In: Handbook of the Economics of Art and Culture

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  • Benhamou, Francoise
  • Ginsburgh, Victor

Abstract

In his essay on imitation in the arts, Adam Smith considers that the exact copy of an artwork always deserves less merit than the original. But the hierarchy between copies and originals has changed over time. So has the perception of copies by lawyers, philosophers, art historians and curators. The development of a market for copies is part of a wider contemporary questioning of the boundaries between originality and copy. We analyze whether and how the various actors in the art market (artists, collectors, lawyers, curators, art historians and philosophers) contribute to valuing and creating or, at times, to killing copies. Artists and collectors have never belittled copies. Art historians think that copies have an important role in preserving the memory of lost artworks, and in educating young artists, but nevertheless consider copies better left to the reserves of museums. Lawyers are ambivalent and judicial precedents bear testimony to the ambiguous legal status of copies. Contemporary art historians and art philosophers have influenced curators and museums to organize exhibitions that make use of copies, giving them a new life.

Suggested Citation

  • Benhamou, Francoise & Ginsburgh, Victor, 2006. "Copies of Artworks: The Case of Paintings and Prints," Handbook of the Economics of Art and Culture, in: V.A. Ginsburgh & D. Throsby (ed.), Handbook of the Economics of Art and Culture, edition 1, volume 1, chapter 8, pages 253-283, Elsevier.
  • Handle: RePEc:eee:artchp:1-08
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    References listed on IDEAS

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    1. Johnson, William R, 1985. "The Economics of Copying," Journal of Political Economy, University of Chicago Press, vol. 93(1), pages 158-174, February.
    2. Victor Ginsburgh & Pierre-Michel Menger, 1996. "Economics of the arts: selected essays," ULB Institutional Repository 2013/1655, ULB -- Universite Libre de Bruxelles.
    3. Grossman, Gene M & Shapiro, Carl, 1988. "Counterfeit-Product Trade," American Economic Review, American Economic Association, vol. 78(1), pages 59-75, March.
    4. Gene M. Grossman & Carl Shapiro, 1988. "Foreign Counterfeiting of Status Goods," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 103(1), pages 79-100.
    5. Françoise Benhamou & Victor Ginsburgh, 2002. "Is there a market for copies," ULB Institutional Repository 2013/1687, ULB -- Universite Libre de Bruxelles.
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    Cited by:

    1. Kim Oosterlinck & Anne-Sophie Radermecker & Yuqing Song, 2023. "The Valuation of Copies for Chinese Artworks," Working Papers CEB 23-008, ULB -- Universite Libre de Bruxelles.
    2. Grigoroudis, Evangelos & Noel, Laurent & Galariotis, Emilios & Zopounidis, Constantin, 2021. "An ordinal regression approach for analyzing consumer preferences in the art market," European Journal of Operational Research, Elsevier, vol. 290(2), pages 718-733.
    3. Bertacchini, Enrico & Friel, Martha, 2014. "Determining the Value of Modern and Contemporary Furniture Design: an Exploratory Investigation," Department of Economics and Statistics Cognetti de Martiis. Working Papers 201437, University of Turin.

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    JEL classification:

    • Z19 - Other Special Topics - - Cultural Economics - - - Other

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