Anonymous Art at Auction

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Anonymous Art at Auction is written by Anne-Sophie V. Radermecker and published by BRILL. It's available with International Standard Book Number or ISBN identification 9004460209 (ISBN 10) and 9789004460201 (ISBN 13).

Working with a data set accounting for 13,000 auction sales results, Anne-Sophie V. Radermecker explores what contemporary buyers value when purchasing paintings of unknown or uncertain authorship, and which variables influence price formation mechanisms in this market segment. The principle finding of this book is not only that historical names matter in the art market, but so do all other alternative identification strategies that art market players use to label anonymous paintings. Indirect names, provisional names, and spatiotemporal designations function as substitutes for real names that simulate identities, create ex-post stories around the artworks offered for sale, and, consequently, reduce information asymmetry about an artist’s identity, with, at time, quite unexpected effects on price.