Evaluating Art: the issues to consider


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Σημασιολογικός εμπλουτισμός/ομογενοποίηση από το EKT

2017 (EL)
Evaluating Art: the issues to consider (EN)

Poulios, Christos (EN)

School of Economics, Business Administration and Legal Studies, MA in Art, Law and Economy (EL)
Athanasios, Kaissis (EN)
Grammatikaki, Alexiou Anastasia (EN)
Korka, Elena (EN)

This dissertation was written as part of the MA in Art, Law and Economy at the International Hellenic University. This dissertation paper explores the mechanisms of the evaluation of art regarding both its economic values and non - economic values, the interrelationship that may exist between these two groups of values, and as well the issues that arise through the evaluation processes. Taking into account various perspectives on the art market related to the art’s value and examines the issues that may arise. The first chapter introduces the values that works of art incorporate and how these values integrate in to the art market. The second chapter presents an examination of the structure of the art market, the mechanisms of pricing a work of art, as well the factors that may cause variations in the prices. In conjunction with the matter, the issues of art’s value and status in the art market that arise, are also examined. The next chapter deals with the artists’ incentives, behavior in the art market and legal issues surrounding the works of artists today. The fourth chapter examines the uncertainties and risks that exist in the art market. The last chapter analyses the forms of competition that take place among artists, galleries and various participants in the art market. (EN)


Διεθνές Πανεπιστήμιο της Ελλάδος (EL)
International Hellenic University (EN)



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