Modeling the Contemporary Art Market Part 1: Presentation

My "proof-of-concept" honors thesis, aiming to model the high-end Contemporary art market. The results are astoundingly impressive. One can actually use previous market information and certain macroeconomic values to predict collectors' behavior and estimate artwork prices in the art market. Contrary to the usual market practice, models like this can be employed to streamline valuation processes.

Category:

Education

Tags:

• Kunter Kula
• painting
• art
• market
• artist
• contemporary
• works on paper
• thesis