This dissertation contains seven chapters. Chapter 1 serves as a general introduction to the risks and returns of collectibles, and is co-authored with Elroy Dimson. Chapter 2 investigates the long-term investment performance of art, and is co-authored with Luc Renneboog. Chapter 3, also written...

What can studying the creation of knowledge tell us about how new technical fields emerge and develop? This paper shows how a knowledge community may be necessary to support the legitimacy of new products that undergo performance evaluation before purchase. Using historical and ethnographic data...