Why Invest In Art?

Bruno Frey and Cueni Reto
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Cueni Reto: University of Zurich, Switzerland

The Economists' Voice, 2013, vol. 10, issue 1, 1-6

Abstract: In recent years, the art market experienced a price explosion for paintings. Frey and Cueni shed light on the reasons for the price increase, on the rate of return in the art market, on the emergence and decline of art hedge funds, and on the risks of art investments.

Keywords: art market; hedge funds; investment; psychic return; risk (search for similar items in EconPapers)
Date: 2013
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DOI: 10.1515/ev-2013-0014

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