The Development of Art Market Indices and Analysis from the 1960s to Today
Yewon Cha
Art Market Studies
About this Item
- Title
- The Development of Art Market Indices and Analysis from the 1960s to Today
- Contributor Names
-
Cha, Yewon (Author)
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Fashion Institute of Technology, State University of New York. Art Market Studies (Degree granting institution)
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Melton, Paul (Thesis advisor)
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Degen, Natasha (Thesis advisor)
- Date
- 2020
- Degree Information
- M.A. Fashion Institute of Technology, State University of New York 2020.
- Department: Art Market Studies.
- Advisors: Melton, Paul; Degen, Natasha.
- Abstract
- This paper explores the development of art market information and art market analysis since the 1960s. Unlike the stock or bond markets, primary market data is not publicly available in the art market. Due to the lack of primary market information, secondary market data, auction sales records, are often used to analyze the art market trends and to explore the suitability of art as an investment. Using the accumulated auction data, influential scholars such as William J. Baumol, William C. Goetzmann, Jianping Mei, and Michael Moses have analyzed the art market and created market indices to understand the financial motives behind art consumption. This paper starts by investigating the history of art market information. The first chapter charts the history of art indices through four representative studies from the 1960s to the 1990s. The second chapter examines influential researches conducted in the 2000s and 2010s. After going over the development of art market analysis in chronological order, the paper ends with a brief exploration of how the prior studies could influence the future of art market analysis.
- Rights
- In Copyright
- The copyright for this work is held by its author/creator(s). Usage of this material beyond what is permitted by copyright law must first be cleared with the rights-holder(s). This work has been made available online by the Fashion Institute of Technology Gladys Marcus Library strictly for research and educational purposes. If you are the copyright holder for this work and have any objections to this work being made available online, please notify us immediately at [email protected].
- This item must not be sold to any third party vendors.
- Identifier
- FIT Repository ID: etd_000857
- pqdiss: 28314573
- ISBN: 9798569986460
- Language
- eng
- Publisher
- Ann Arbor : ProQuest Dissertations & Theses
Citation
Cha, Y. (2020). The Development of Art Market Indices and Analysis from the 1960s to Today [Master's thesis, Fashion Institute of Technology, State University of New York]. FIT Institutional Repository. https://institutionalrepository.fitnyc.edu/item/3868
Cha, Yewon. The Development of Art Market Indices and Analysis from the 1960s to Today. 2020. Fashion Institute of Technology, State University of New York, Master's thesis. FIT Digital Repository, https://institutionalrepository.fitnyc.edu/item/3868
Cha, Yewon. "The Development of Art Market Indices and Analysis from the 1960s to Today." Master's thesis, Fashion Institute of Technology, State University of New York, 2020. https://institutionalrepository.fitnyc.edu/item/3868