Is gender in the eye of the beholder? identifying cultural attitudes with art auction prices
- 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.
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| Author: | Renée Adams, Roman KräusslORCiDGND, Marco Navone, Patrick VerwijmerenORCiD |
|---|---|
| URN: | urn:nbn:de:hebis:30:3-469276 |
| URL: | https://www.ifk-cfs.de/fileadmin/downloads/publications/wp/2018/CFS_WP_595.pdf |
| Parent Title (English): | Center for Financial Studies (Frankfurt am Main): CFS working paper series ; No. 595 |
| Series (Serial Number): | CFS working paper series (595) |
| Publisher: | Center for Financial Studies |
| Place of publication: | Frankfurt, M. |
| Document Type: | Working Paper |
| Language: | English |
| Year of Completion: | 2018 |
| Year of first Publication: | 2018 |
| Publishing Institution: | Universitätsbibliothek Johann Christian Senckenberg |
| Release Date: | 2018/09/27 |
| Tag: | Art; Auction; Bias; Culture; Gender |
| Page Number: | 63 |
| HeBIS-PPN: | 439341175 |
| Institutes: | Wirtschaftswissenschaften / Wirtschaftswissenschaften |
| Wissenschaftliche Zentren und koordinierte Programme / Center for Financial Studies (CFS) | |
| Dewey Decimal Classification: | 3 Sozialwissenschaften / 33 Wirtschaft / 330 Wirtschaft |
| Sammlungen: | Universitätspublikationen |
| Licence (German): |  Deutsches Urheberrecht |
