Econometric Fine Art Valuation by Combining Hedonic and Repeat-Sales Information

Statistical methods are widely used for valuation (prediction of the value at sale or auction) of a unique object such as a work of art. The usual approach is estimation of a hedonic model for objects of a given class, such as paintings from a particular school or period, or in the context of real e...

Full description

Bibliographic Details
Main Authors: John W. Galbraith, Douglas J. Hodgson
Format: Article
Language:English
Published: MDPI AG 2018-06-01
Series:Econometrics
Subjects:
Online Access:http://www.mdpi.com/2225-1146/6/3/32