Power-Laws in Art. From Renaissance to Contemporary Art

Federico Etro () and Elena Stepanova

Working Papers - Economics from Universita' degli Studi di Firenze, Dipartimento di Scienze per l'Economia e l'Impresa

Abstract: We provide evidence of a cubic law of art prices that hints to a general pattern for the distribution of artistic talent. The persistence across heterogeneous markets from historical ones to contemporary art auctions of a power law in the distribution of the average price per artist suggests the possibility of a universal law for talent distribution. We explore scale-free networks of teacher-students to investigate the diffusion of talent over time.

Keywords: Power laws; Art prices; Talent distribution; Scale-free networks (search for similar items in EconPapers)
JEL-codes: C23 Z11 (search for similar items in EconPapers)
Pages: 14 pages
Date: 2018
New Economics Papers: this item is included in nep-cul and nep-his
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.disei.unifi.it/upload/sub/pubblicazioni/repec/pdf/wp20_2018.pdf (application/pdf)

Related works:
Working Paper: Power-Laws in Art. From Renaissance to Contemporary Art (2018)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:frz:wpaper:wp2018_20.rdf

Access Statistics for this paper

More papers in Working Papers - Economics from Universita' degli Studi di Firenze, Dipartimento di Scienze per l'Economia e l'Impresa Via delle Pandette 9 50127 - Firenze - Italy. Contact information at EDIRC.
Bibliographic data for series maintained by Giorgio Ricchiuti ().