Are multiple art markets rational?

Journal of Cultural Economics

Volumn 21, Issue 3, 1997, Pages 197-218

  Singer, Leslie P ^a   Lynch, Gary A ^a  

^a INDIANA UNIVERSITY NORTHWEST   (United States)

Author keywords

Cointegration; Hedonic content analysis; Rational art markets

Indexed keywords

EID: 0006043017     PISSN: 08852545     EISSN: 15736997     Source Type: Journal    
DOI: 10.1023/A:1007447326729     Document Type: Article

References (12)

1. Arnason, H.H. (1975) History of Modern Art. Abrams, New York.
2. Chanel, Oliver (1995) "Is Art Market Behavior Predictable?". European Economic Review 39: 519-527.
3. Chanel, Oliver, Gerard-Varet, Louis-Andre and Ginsburgh, Victor (1996) "The Relevance of Hedonic Price Indices, The Case of Paintings". Journal of Cultural Economics 20: 1-24.
4. Enders, Walter (1995) Applied Econometric Time Series. Wiley, New York.
5. Ginsburgh, V., Jeanfils, P. (1995) "Long-Term Comovements in International Markets for Paintings". European Economic Review 39: 538-548.
6. Goepel, Erhard and Goepel, Barbara (1976) Katalog Der Gemaelde Max Beckman. Thyssen Stiftung, Kornfeld.
7. Goetzmann, William N. (1993) "Accounting for Taste: Art and the Financial Markets over Three Centuries". American Economic Review 83 (5): 1370-1376.
8. Kasa, K. (1992) "Common Stochastic Trends in International Stock Markets". Journal of Monetary Economics 29: 95-124.
9. Pesando, James (1993) "Art as an Investment: The Market for Modern Prints". American Economic Review 83 (5): 1075-1089.
10. Pommerehne, Werner W. (1994) "The Effect of Public Purchases of Paintings on Auction Prices". Paper presented at the 8th International Congress on Cultural Economics in Witten, Germany, 24-27 August.
11. Singer, Leslie P. (1991) "Optimum Management of Museum Acquisitions: A Normative Model", in Francois Colbert and Clare Mitchell, eds, Proceedings, First International Conference on Art Management. Ecole des Hautes Etudes Commerciales De Montreal.
12. Singer, Leslie P. and Lynch, Gary A. (1994) "Public Choice in the Tertiary Art Market". Journal of Cultural Economics 18: 199-216.