Economics of Art

This book provides a comprehensive understanding of the art market, from its historical roots in patronage to today's globalized, investment-driven landscape. It delves into the roles of artists, dealers, and auction houses, analyzing their strategies and motivations. Economics of Art uses auction data, sales records, and economic models to support its arguments, offering practical guidance on art valuation and investment.

The book's structure progresses logically, starting with fundamental economic concepts and moving towards the ethical and social implications of art as an investment. By bridging art history, finance, and sociology, this book offers a multidisciplinary perspective, making it a valuable resource for collectors, investors, artists, and anyone interested in the art market's complexities.