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The relationship between pre-sale price estimates and the hammer price for Australian paintings sold at auction

Coate, Bronwyn S., Farrell, Lisa and Fry, Tim R. L. 2012, The relationship between pre-sale price estimates and the hammer price for Australian paintings sold at auction, Kyoto, Japan, 21-24 Jun. 2012, Kyoto, Japan, Association for Cultural Economics International.

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Title The relationship between pre-sale price estimates and the hammer price for Australian paintings sold at auction
Creator(s) Coate, Bronwyn S.
Farrell, Lisa
Fry, Tim R. L.
Conference, exhibition or event name International Conference on Cultural Economics (17th : 2012 : Kyoto, Japan)
Conference, exhibition or event location Kyoto, Japan
Conference, exhibition or event dates 21-24 Jun. 2012
Publication date 2012
Conference series International Conference on Cultural Economics
Description of resource Paper published in proceedings distributed to partipants via USB at the conference
Publisher Association for Cultural Economics International
Place of publication Kyoto, Japan
Keyword(s) Australian art
pre-sales price estimates
auction prices
Summary Realized price for paintings auctioned can systematically differ from prior estimates. We need to understand why experts get it wrong. This paper uses an econometric approach to investigate how pre-sales price estimates are formed and the impact that they have in determining auction prices for Australian paintings.
Language eng
Field of Research 190599 Visual Arts and Crafts not elsewhere classified
Socio Economic Objective 919999 Economic Framework not elsewhere classified
HERDC Research category EN.1 Other conference paper
HERDC collection year 2012
Persistent URL http://hdl.handle.net/10536/DRO/DU:30053504

Document type: Conference, Exhibition or Event
Collection: Centre for Memory, Imagination and Invention
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Created: Tue, 09 Jul 2013, 12:35:33 EST by Bronwyn Coate

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