The Arts & Economics, Analysis & Cultural Policy is an outstanding work of Bruno S. Frey, a famous Swiss economist and professor who has a long history in the field of political economy, culture and art. Using the economic perspective, this exciting book offers an alternative view to sociological or art historic approaches to art. The issues discussed include: institutions f...

An auction house is a place where collectors and art dealers gather to compete for the most valuable works in the world. Every move these players make can shape the dynamics of the art market, while successful sales allow auction houses to demonstrate the vitality and vibrancy of the market. Observing these events—particularly evening auctions—evokes a unique sense of excitement, al...

To “consign” a painting, according to Merriam-Webster, is to send or address it to an agent to be cared for or sold. In the art world, the term is used when collectors, artists, and galleries entrust other galleries or auction houses with artworks, hoping to make a sale.Simple in definition, more complex in actuality. Anyone interested in consigning must make key decisions: Do you w...