Campos, Nauro F.; Barbosa, Renata Leite - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2008
artworks tend to generate above average returns (the “masterpiece effect”), although (4)
there is strong evidence in our data … auctions, masterpiece effect, declining price anomaly, Latin American art
Corresponding author:
Nauro F. Campos … further discussion.
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believe in the existence of a “masterpiece effect,” namely, that the most expensive pieces of
each …