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Buying beauty : On prices and returns in the art market

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  • Renneboog, L.D.R.

    (Tilburg University, School of Economics and Management)

  • Spaenjers, C.

    (Tilburg University, School of Economics and Management)

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  • Renneboog, L.D.R. & Spaenjers, C., 2013. "Buying beauty : On prices and returns in the art market," Other publications TiSEM 47e78d10-6224-4e39-9339-9, Tilburg University, School of Economics and Management.
    • Handle: RePEc:tiu:tiutis:47e78d10-6224-4e39-9339-9505564dc919
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    1. Baker, Malcolm & Stein, Jeremy C., 2004. "Market liquidity as a sentiment indicator," Journal of Financial Markets, Elsevier, vol. 7(3), pages 271-299, June.
    2. Renneboog, Luc & Spaenjers, Christophe, 2012. "Hard assets: The returns on rare diamonds and gems," Finance Research Letters, Elsevier, vol. 9(4), pages 220-230.
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    5. Renneboog, L.D.R. & van Houte, T., 1999. "The Monetary Appreciation of Paintings : From Realism to Magritte," Other publications TiSEM 52cc202f-e91a-4400-8d47-0, Tilburg University, School of Economics and Management.
    6. Jianping Mei & Michael Moses, 2002. "Art as an Investment and the Underperformance of Masterpieces," American Economic Review, American Economic Association, vol. 92(5), pages 1656-1668, December.
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    8. Luc Renneboog, 2002. "The monetary appreciation of paintings: from realism to Magritte," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 26(3), pages 331-358, May.
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    Cited by:

    1. Ma, Yongfan & Qi, Tiancheng, 2023. "China mainland art investment: Return and portfolio," Finance Research Letters, Elsevier, vol. 58(PC).
    2. Tang, Edward Chi Ho & Leung, Charles Ka Yui, 2024. "Icing on the cake: Can the Top-Floor Units serve as a status good and an investment simultaneously?," MPRA Paper 121937, University Library of Munich, Germany.
    3. Fedderke, Johannes W. & Chen, Tinghua, 2023. "Generalizing the “Masterpiece Effect” in fine art pricing: Quantile Hedonic regression results for the South African fine art market, 2009–2021," Economic Modelling, Elsevier, vol. 124(C).
    4. Chen, Yi-Hsuan & Kräussl, Roman & Verwijmeren, Patrick, 2023. "The pricing of digital art," CFS Working Paper Series 716, Center for Financial Studies (CFS).
    5. Roman Kräussl & Alessandro Tugnetti, 2024. "Non‐Fungible Tokens (NFTs): A Review of Pricing Determinants, Applications and Opportunities," Journal of Economic Surveys, Wiley Blackwell, vol. 38(2), pages 555-574, April.
    6. Corey J.M. Williams & Kole Reddig & Adam Nowak, "undated". "Collectible Pricing and Collector Utility: The Role of Production Commitments," Working Papers 24-03, Department of Economics, West Virginia University.
    7. Kleine, Jens & Peschke, Thomas & Wagner, Niklas, 2024. "Beyond financial wealth: The experienced utility of collectibles," The Quarterly Review of Economics and Finance, Elsevier, vol. 97(C).
    8. Anne-Sophie Radermecker & Koenraad Brosens, 2023. "Valuing European tapestry: from riches to rags," ULB Institutional Repository 2013/371370, ULB -- Universite Libre de Bruxelles.
    9. Shailendra Gurjar & Usha Ananthakumar, 2023. "The economics of art: price determinants and returns on investment in Indian paintings," International Journal of Social Economics, Emerald Group Publishing Limited, vol. 50(6), pages 839-859, January.
    10. Kim, Da Yeon & Kim, Sang Yong, 2023. "Investigating the effect of customer-generated content on performance in online platform-based experience goods market," Journal of Retailing and Consumer Services, Elsevier, vol. 74(C).
    11. Scharnowski, Matthias & Scharnowski, Stefan & Zimmermann, Lukas, 2023. "Fan tokens: Sports and speculation on the blockchain," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 89(C).
    12. Liesbeth Strooper & Erwin Dekker, 2024. "Why the Impressionists did not create Impressionism," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 48(2), pages 171-198, June.
    13. Yuqing Song, 2024. "Valuing Collaboration in Art: Insights from Zhang Daqian's Network," Working Papers CEB 24-012, ULB -- Universite Libre de Bruxelles.
    14. Simon Levy & Maxime L. D. Nicolas, 2024. "Modern Portfolio Diversification with Arte-Blue Chip Index," Papers 2409.18816, arXiv.org.
    15. Fromentin, Vincent & Pecchioli, Bruno & Moroz, David, 2024. "Time-varying causality among whisky, wine, and equity markets," Finance Research Letters, Elsevier, vol. 63(C).
    16. Dulani Jayasuriya & Alexandra Sims, 2023. "Not So New Kid on the Block: Accounting and Valuation Aspects of Non-Fungible Tokens (NFTs)," JRFM, MDPI, vol. 16(11), pages 1-24, October.
    17. Victoria Dobrynskaya & Julia Grebennikova, 2023. "Financial returns in reward-based crowdfunding," Economic Analysis Letters, Anser Press, vol. 2(3), pages 1-9, May.
    18. Masset, Philippe, 2024. "Market segments and pricing of fine wines over their lifecycle," Economic Modelling, Elsevier, vol. 141(C).

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