An auction house is a place where collectors and art dealers gather to compete for the most valuable works in the world. Every move these players make can shape the dynamics of the art market, while successful sales allow auction houses to demonstrate the vitality and vibrancy of the market. Observing these events—particularly evening auctions—evokes a unique sense of excitement, al...

Using artworks as collateral for loans is not a new concept, but recent reports suggest that this practice is experiencing a notable rise and becoming increasingly prevalent in the global art market.

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'.

Art economics as a discipline deal with different issues and topics, with the most important one being art and the market relations. This relationship is the basis for the creation of university courses that partly deal with the economic or material analysis of artistic activities, or study culture and art by applying the economical method. In this short essay, an attempt has been m...

Iran's publishing market is facing a shortage of authored books in the field of art economics, but you can still find titles written for the audience of this field. The book "Art Marketing Strategy" written by Dr. Mehdi Khademi and Shahin Parikhani is one of these works. This book seeks to provide a suitable framework for managers of art organizations and art collections to formulat...

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...

With the growth of technology and the speeding up of almost all processes, very few people have the time and patience to read; Therefore, they prefer to listen to a book or article instead of reading it. This preference has led to the emergence and acceptance of podcasts. In this essay, Azadeh Bagheri introduced Persian and English art economy podcasts.

Mohammadreza Moridi is a professor at Tehran University of Art and works in the field of visual arts. He has focused much of his research on the economics of art. Moidi has been able to look at the Iranian art market from new angles and define his relationship with the regional art market. His research on the visual arts of other countries in the Middle East and MENA region, such as...

Due to the limitation applied to the supply in the art market, this market has an exceptional nature that many economists have avoided explaining it in the form of conventional interpretations; In this article, Mehrnoosh Ali Madadi has investigated the nature of this market in relation to its main players and how to enter it.