Inefficiency in the market for 'Fine Art': how this market inefficiency promotes 'Art Tourism' in South Africa
The market for 'Fine Art' is dominated by institutions and auction houses. These act as gatekeepers by monopolising the primary market. The choice of art as an investment vehicle is based on a combination of expected return and subjective preference. The reason for investing in '...
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| Format: | Article |
| Language: | English |
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AfricaJournals
2014-01-01
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| Series: | African Journal of Hospitality, Tourism and Leisure |
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| Online Access: |
http://www.ajhtl.com/uploads/7/1/6/3/7163688/article_35_vol._3_2_nov_2014.pdf
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