Bidding and prices for online art auctions: sofa art or investment

被引:0
|
作者
Jannett Highfill
Kevin O’Brien
机构
[1] Bradley University,Department of Economics
来源
关键词
Art; Auctions; E-commerce; L86; Z11;
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摘要
The article uses auction data collected from the eBay internet site to examine the effect of various parameters on number of bids and selling price of art. The article further uses an insight from the auction literature to gather evidence about whether art on eBay is purchased for consumption or investment purposes. The article argues that the evidence found of a positive relationship between the number of bids and the final price suggests that art sold on eBay is not, in general, investment art.
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页码:279 / 292
页数:13
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