TY  - UNPD
A1  - Adams, Renée
A1  - Kräussl, Roman
A1  - Navone, Marco
A1  - Verwijmeren, Patrick
T1  - Is gender in the eye of the beholder? identifying cultural attitudes with art auction prices
T2  - Center for Financial Studies (Frankfurt am Main): CFS working paper series ; No. 595
N2  - In the secondary art market, artists play no active role. This allows us to isolate cultural influences on the demand for female artists’ work from supply-side factors. Using 1.5 million auction transactions in 45 countries, we document a 47.6% gender discount in auction prices for paintings. The discount is higher in countries with greater gender inequality. In experiments, participants are unable to guess the gender of an artist simply by looking at a painting and they vary in their preferences for paintings associated with female artists. Women's art appears to sell for less because it is made by women.
T3  - CFS working paper series - 595 
KW  - Art
KW  - Auction
KW  - Gender
KW  - Culture
KW  - Bias
Y1  - 2018
UR  - http://publikationen.ub.uni-frankfurt.de/frontdoor/index/index/docId/46927
UR  - https://nbn-resolving.org/urn:nbn:de:hebis:30:3-469276
UR  - https://www.ifk-cfs.de/fileadmin/downloads/publications/wp/2018/CFS_WP_595.pdf
PB  - Center for Financial Studies
CY  - Frankfurt, M.
ER  -