Reconsidering hedonic art price indexes

Alan Collins; Antonello Scorcu; Roberto Zanola

doi:10.1016/j.econlet.2009.03.025

Reconsidering hedonic art price indexes

Alan Collins
, Antonello Scorcu
, Roberto Zanola

Department of Law, Political, Social and Economic Sciences

Research output: Contribution to journal › Article › peer-review

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
Pages (from-to)	57-60
Number of pages	4
Journal	Economics Letters
Volume	104
Issue number	2
DOIs	https://doi.org/10.1016/j.econlet.2009.03.025
Publication status	Published - Aug 2009

Keywords

Hedonic price
Paintings
Price index

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10.1016/j.econlet.2009.03.025

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title = "Reconsidering hedonic art price indexes",

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.",

keywords = "Hedonic price, Paintings, Price index",

author = "Alan Collins and Antonello Scorcu and Roberto Zanola",

year = "2009",

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KW - Hedonic price

KW - Paintings

KW - Price index

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DO - 10.1016/j.econlet.2009.03.025

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VL - 104

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JO - Economics Letters

JF - Economics Letters

IS - 2

ER -

Reconsidering hedonic art price indexes

Abstract

Keywords

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