Do Market Players React to Court Decisions Impacting Art?
The Art Law Podcast
00:00
The Effects of Auctions on Artwork Markets
The assumption requires only a common pretrend, I will you say. So the trends have to be the same. Whatever trend happens after our treatment that we defined is then the average change for the treatment and before you have the same trend. That's more data driven. And we kind of impose the term market on it as laypeople or participants in the market. We generally can frame it as the market, but we are looking at specific outcomes and outcome variables such as number of artworks artists have or probability that an artwork results in self-success.
Transcript
Play full episode
