TY - JOUR
T1 - An investor-oriented metric for the art market
AU - Charlin, Ventura
AU - Cifuentes, Arturo
AU - Palmieri, Dewey
PY - 2014/6/1
Y1 - 2014/6/1
N2 - 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.
AB - 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.
UR - http://www.scopus.com/inward/record.url?scp=84928562175&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=84928562175&partnerID=8YFLogxK
U2 - 10.3905/jai.2014.17.1.087
DO - 10.3905/jai.2014.17.1.087
M3 - Article
AN - SCOPUS:84928562175
SN - 1520-3255
VL - 17
SP - 87
EP - 101
JO - Journal of Alternative Investments
JF - Journal of Alternative Investments
IS - 1
ER -