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The Secret Partnership and the Dynamics of Art
The paper analyses the secret collaboration between Bernard Berenson, expert of Italian Renaissance art, and Joseph Duveen, one of the most important art dealers. They were instrumental in bringing European art of highest quality to America. Their collusion led to important art collections but also implied substantial limits to competition and market failure.
Autor
Prof. Dr. rer. pol. Manfred J. Holler
 
ArtikelFachbereichFachrichtung
2010VolkswirtschaftslehreVolkswirtschaftstheorie
 
Schlagwörter
Berenson, Art market, Duveen, Berenson, J.P. Morgan, Duveen, Kunstmarkt, J.P. Morgan, Kunstsammler, Renaissance art, Luxusgüter, art collector, Marktversagen, asymmetric information, Qualitätsproblem, conspicuous consumption, Renaissance-Kunst, market failure, asymmetrische Information, quality problems