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(PDF) Price indices for artists - A proposal Paolo ...

    https://www.academia.edu/14911374/Price_indices_for_artists_A_proposal
    This paper proposes a price index for artists based on the ratio between the average market price and the average estimated price of the paintings sold by an artist each year, adjusted for market dynamics. We apply this methodology to a group of

(PDF) Price Indices for Artists – A Proposal

    https://www.researchgate.net/publication/5149670_Price_Indices_for_Artists_-_A_Proposal
    This paper proposes a price index for artists adjusted for the quality of the paintings, based on the ratio between the average market price and the average pre-sale estimate for paintings.

Price Indices for Artists — A Proposal

    https://www.jstor.org/stable/41810864
    PRICE INDICES FOR ARTISTS - A PROPOSAL 287 bias can arise: if, at time t, a painting with very high (low) quality and price is sold, API increases (decreases) even if this painting has been sold at a low (high) price relative to the average price for paintings of that quality. Often this quality effect might override the price effect.

Price Indices for Artists – A Proposal SpringerLink

    https://link.springer.com/article/10.1007/s10824-004-2529-x
    This paper proposes a price index for artists adjusted for the quality of the paintings, based on the ratio between the average market price and the average pre-sale estimate for paintings. We apply this methodology to a group of selected artists and schools presented in …Cited by: 22

Price Indices for Artists – A Proposal

    https://ideas.repec.org/a/kap/jculte/v28y2004i4p285-302.html
    This paper proposes a price index for artists adjusted for the quality of the paintings, based on the ratio between the average market price and the average pre-sale estimate for paintings. We apply this methodology to a group of selected artists and schools presented in …

Price indices for artists - A proposal - IDEAS/RePEc

    https://ideas.repec.org/p/bol/bodewp/491.html
    Abstract. This paper proposes a price index for artists based on the ratio between the average market price and the average estimated price of the paintings sold by an artist each year, adjusted for market dynamics. We apply this methodology to a group of selected artists and schools drawing from a database including auction prices and estimated prices of paintings presented in auctions world wide …

CiteSeerX — Price Indices for Artists – A Proposal

    http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.555.2826
    Abstract. This paper proposes a price index for artists adjusted for the quality of the paintings, based on the ratio between the average market price and the average pre-sale estimate for paintings. We apply this methodology to a group of selected artists and schools presented in auctions worldwide in the period 1990–2001.

Price Indices for Artists – A Proposal, Journal of ...

    https://www.deepdyve.com/lp/springer-journals/price-indices-for-artists-a-proposal-LSl0NQFAwq
    Nov 01, 2004 · If, at t = 0 the estimate is matched by the hammered price e(0) = p(0) in t = 1 PRICE INDICES FOR ARTISTS – A PROPOSAL 289 Table I. A numerical example of the indices t = 0 t = 1 t = 2 t = 3 p 1,000 2,000 2,000 200 e 1,000 1,000 2,000 200 ae 1,000 1,000 1,000 100 API 1 2 2 0.2 AMI 1222 there will be no reason for experts to change their estimate of the “real” value of the painting: ae(1) = …

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