Overconfidence in the art market: a bargaining pricing model with asymmetric disinformation

HIGHLIGHTS

  • who: Francesco Angelini from the Department of Statistical Sciences u201cPaolo Fortunatiu201d, University of Bologna, Piazza Teatini, Rimini, Italy have published the article: Overconfidence in the art market: a bargaining pricing model with asymmetric disinformation, in the Journal: (JOURNAL)
  • what: The authors focus on these two characteristics also because these are the main artist`s characteristics studied within cultural economics since the superstar theories by Rosen and Adler . The analysis of low- and high-tier markets has been mostly developed within the industrial organization and marketing literature, focusing on consumers` heterogeneity across tiers and the role . . .

     

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