Art as an Investment and Conspicuous Consumption Good

By Benjamin R. Mandel. 2009

214 citations recorded by the source corpus.

Subfields: Cognitive Neuroscience, Urban Studies, Visual Arts and Performing Arts

View Paper: https://www.semanticscholar.org/paper/b0614350190bebe27a38724716c40ab46a7e87b4

Citations in the corpus

• Buying Beauty: On Prices and Returns in the Art Market (2013, unknown): “Second, wealthy individuals may be less tempted to buy in the lower-end of the market, where works do not signal the same social status (Mandel, 2009).”
• The Price of Wine (2015, unknown): “…and Vissing-Jørgensen, 2002), prestigious hedge funds (Statman, Fisher, and Anginer, 2008), socially responsible mutual funds (Bollen, 2007; Renneboog, Ter Horst, and Zhang, 2011), social, environmental, and ethical portfolios (Dimson, Karakaş, and Li, 2014), and art (Stein, 1977; Mandel, 2009).”
• Art and Money (2011, unknown): “In a recent contribution to the literature, Mandel (2009) demonstrates how a utility dividend derived from conspicuous art consumption may affect art returns in a consumption-based asset pricing model.”