An investor-oriented metric for the art market

Ventura Charlin; Arturo Cifuentes; Dewey Palmieri

doi:10.3905/jai.2014.17.1.087

An investor-oriented metric for the art market

Ventura Charlin, Arturo Cifuentes, Dewey Palmieri

Columbia Business School

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

8 Citations (Scopus)

Abstract

In the last 30 years the market for paintings has received an increasing amount of attention from economists and financial analysts. They have brought to this field many quantitative techniques already employed in more conventional markets. Most efforts have dealt with returns; specifically, how to compute return indexes for the art market. This is a challenging task not only because this market is fairly illiquid, at least compared with equities and bonds, but also because of its heterogeneity: Every painting is essentially a unique object.

Original language	English
Pages (from-to)	87-101
Number of pages	15
Journal	Journal of Alternative Investments
Volume	17
Issue number	1
DOIs	https://doi.org/10.3905/jai.2014.17.1.087
Publication status	Published - Jun 1 2014

ASJC Scopus Subject Areas

Finance
Economics and Econometrics

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Charlin, V., Cifuentes, A., & Palmieri, D. (2014). An investor-oriented metric for the art market. Journal of Alternative Investments, 17(1), 87-101. https://doi.org/10.3905/jai.2014.17.1.087

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An investor-oriented metric for the art market

Abstract

ASJC Scopus Subject Areas

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