Discoveries of fakes: Their impact on the art market

Fabian Bocart and Kim Oosterlinck

Economics Letters, 2011, vol. 113, issue 2, 124-126

Abstract: This paper shows that before (after) fakes’ discoveries, artworks are less (more) likely to be sold through Sotheby’s or Christie’s. Prices only react negatively with a lag, suggesting that sellers try to postpone their sales as long as possible.

Keywords: Art market; Fakes; Hedonic regression; Sotheby’s; Christie’s (search for similar items in EconPapers)
JEL-codes: Z11 (search for similar items in EconPapers)
Date: 2011
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (27)

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Related works:
Working Paper: Discoveries of fakes: their impact on the art market (2011)
Working Paper: Discoveries of Fakes: their Impact on the Art Market (2011)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:113:y:2011:i:2:p:124-126

DOI: 10.1016/j.econlet.2011.06.013

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