Towards Data Oriented Analysis of the Art Market : Survey and Outlook

Dominik Filipiak , Agata Filipowska

Abstract

Due to the constantly growing interest in alternative investments, the art market has become the subject of numerous studies. By publishing sales data, many services and auction houses provide a foundation for further research on the latest trends. Determining the definition of the artistic value or formalisation of appraisal may be considered quite complex. Statistical analysis, econometric methods or data mining techniques could pave the way towards better understanding of the mechanisms occurring on the art market. The goal of this paper is to identify, describe and compare solutions (and related challenges) that help to analyse, make decisions and define state of the art in the context of the intersection of econometrics on art markets and computer science. This work is also a starting point for further research.
Author Dominik Filipiak (UEP)
Dominik Filipiak,,
- Poznań University of Economics and Business
, Agata Filipowska (WIiGE / KIE)
Agata Filipowska,,
- Department of Information Systems
Journal seriesE-Finanse, ISSN 1734-039X, (B 14 pkt)
Issue year2016
Vol12
No1
Pages21-31
Publication size in sheets0.5
Keywords in Englishart market analysis, hedonic regression
DOIDOI:10.14636/1734-039X_12_1_003
URL http://e-finanse.com/archives/?number=44&id=3
Languageen angielski
Score (nominal)14
Score sourcejournalList
ScoreMinisterial score = 14.0, 19-12-2019, ArticleFromJournal
Ministerial score (2013-2016) = 14.0, 19-12-2019, ArticleFromJournal
Citation count*4 (2020-06-29)
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* presented citation count is obtained through Internet information analysis and it is close to the number calculated by the Publish or Perish system.
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