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Psychology of Auctions; What Factors are Involved in Holding a Successful Auction?
Many factors are involved in holding an auction, which most are hidden from the eyes of an observer. When a work of art is presented in a prominent auction, the arrangement of the work in the pre-auction show and catalog, the auctioneer, and even the emotions that are aroused during the process, all become very important. In the following, we will discuss some of these factors that were listed by Don Thompson in his 2008 book "The $12 Million Stuffed Shark"  under the term the Psychology of Auctions.
4 November 2023
Psychology of Auctions; What Factors are Involved in Holding a Successful Auction? 4 November 2023
Many factors are involved in holding an auction, which most are hidden from the eyes of an observer. When a work of art is presented in a prominent auction, the arrangement of the work in the pre-auction show and catalog, the auctioneer, and even the emotions that are aroused during the process, all become very important. In the following, we will discuss some of these factors that...
Commodification of art 28 January 2023
Karl Marx' view asserts that determining the material value for anything (whether it is an object, activity or even an idea), which usually does not have an economic aspect, causes it to become a commodity; Such as the commodification of education that some people provide for university degrees in exchange for money, or people who sell their body parts for various reasons. This show...