Abstract
Art price indexes typically rely on heavily biased samples for several reasons. A refined hedonic index is developed which explicitly addresses such concerns. An empirical illustration is then provided for Symbolist paintings appearing at auctions between 1990 and 2001.
Original language | English |
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Pages (from-to) | 57-60 |
Number of pages | 4 |
Journal | Economics Letters |
Volume | 104 |
Issue number | 2 |
DOIs | |
Publication status | Published - Aug 2009 |
Keywords
- Hedonic price
- Paintings
- Price index