The rise of artwork as a tradable commodity in the modern era has fueled the expansion of the art economy, leading to a proliferation of auctions. However, what impacts has this growth brought to the art world? Somayeh Ramezanmahi addresses this inquiry by elucidating the notion of 'artwork value'.

The Arts & Economics, Analysis & Cultural Policy is an outstanding work of Bruno S. Frey, a famous Swiss economist and professor who has a long history in the field of political economy, culture and art. Using the economic perspective, this exciting book offers an alternative view to sociological or art historic approaches to art. The issues discussed include: institutions f...

This article was written by David Trasbi and translated into Persian by Kazem Farhadi. The present article, along with other articles by this author, was published in a book entitled "Economy and Culture" in 2003 by Ney Publishing."After a brief review of theories of creativity, we turn to the question of whether the production of works of art can be modeled as a process of rational...