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Orange Balloon Dog : Bubbles, Turmoil and Avarice in the Contemporary Art Market -- Hardback [Hardcover]

by Thompson, Don

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Within forty-eight hours in the fall of 2014, buyers in the Sotheby’s and Christie’s New York auction houses spent $1.7 billion on contemporary art. Non-taxed freeport warehouses around the globe are stacked with art held for speculation. In The Orange Balloon Dog, economist and bestselling author Don Thompson cites fascinating examples to explore the sometimes baffling activities of the high-end contemporary art market. He examines what is at play in the exchange of vast amounts of money and what nudges buyers, even on the subconscious level, to imbue a creation with such high commercial value. Thompson expertly analyses the behaviours of buyers and sellers and delves into the competitions that define and alter the value of art in today’s international market, from New York to London, Singapore to Beijing.

image of Orange Balloon Dog : Bubbles, Turmoil and Avarice in the Contemporary Art Market -- Hardback
9781781317235
  • A$41.12 Online Price
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Item Type English Books (Hardcover)
Publication Date 2018/01
Publisher Aurum Press (GB)
ISBN 9781781317235

DESCRIPTION

A fascinating explanation, through the field of behavioural economics, for the phenomena that is behind the incredible value of contemporary art.

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