The Economics of Contemporary Art

Markets, Strategies and Stardom

Authors: Zorloni, Alessia

  • Rich with economic data regarding contemporary art markets and their media
  • Explores the economic mechanisms that lead to success for some artists and to failure for others
  • Extensive analysis of art collecting in the corporate world
  • Appendix containing the list of contemporary artists with a history of top prices​
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eBook $109.00
price for USA (gross)
  • ISBN 978-3-642-32405-5
  • Digitally watermarked, DRM-free
  • Included format: PDF, EPUB
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $139.00
price for USA
  • ISBN 978-3-642-32404-8
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $139.00
price for USA
  • ISBN 978-3-642-42993-4
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
About this book

The book examines the contemporary art system with a broad and systematic approach, through the application of models of microeconomics and industrial organizations. By breaking down the traditional barriers between different academic disciplines such as art and economics, this book offers a unique opportunity to grasp the complexities of the contemporary art world and provides the tools to conduct a structural analysis of that market. The result is an in-depth analysis of the contemporary art market from an interdisciplinary perspective. While it is not a textbook in the strictest sense, the book offers a concise and effective overview of all actors in the art system, and provides supporting data and valuable information, both conceptual and practical. It is therefore a text that can be used by students wishing to better understand the complex dynamics that govern the contemporary art market, but also by cultural managers, collectors, potential art investors or simply art lovers who need a quick reference.​

About the authors

Alessia Zorloni (Ph.D, IULM University, Milan) is adjunct professor at IULM University, Milan, where she teaches Art and Antiques Market. She worked as an Associate Researcher at The Boston Consulting Group in the Milan office, where she led a two-year research project funded by the European Community (Marie Curie Fellowship) on economic management of museum and cultural institutions. Prior to joining BCG, Alessia worked at the Wien Kunsthalle, where she completed a three-year research project on museum management funded by the Austrian Science Fund (FWF). Alessia has been a visiting scholar at the Tate Modern, Guggenheim Foundation and at the Smithsonian Institution, where she has been awarded the Smithsonian’s Fellowship in Museum Practice. Alessia received a Ph.D in Economics of Communication from IULM University and a Master's Degree in Arts Management from City University, London. She presented papers at national and international conferences and published on scientific and managerial reviews.

Table of contents (5 chapters)

  • The Economics of Creativity Between Culture, Innovation, and Competitiveness

    Zorloni, Alessia

    Pages 1-19

  • The System of Contemporary Art

    Zorloni, Alessia

    Pages 21-33

  • Contemporary Art Markets and Supporting Sectors

    Zorloni, Alessia

    Pages 35-87

  • Art Appraisal and Value Creation Strategies

    Zorloni, Alessia

    Pages 89-117

  • Collecting: Motivations and Patterns of Consumption

    Zorloni, Alessia

    Pages 119-156

Buy this book

eBook $109.00
price for USA (gross)
  • ISBN 978-3-642-32405-5
  • Digitally watermarked, DRM-free
  • Included format: PDF, EPUB
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $139.00
price for USA
  • ISBN 978-3-642-32404-8
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $139.00
price for USA
  • ISBN 978-3-642-42993-4
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
The Economics of Contemporary Art
Book Subtitle
Markets, Strategies and Stardom
Authors
Copyright
2013
Publisher
Springer-Verlag Berlin Heidelberg
Copyright Holder
Springer-Verlag Berlin Heidelberg
eBook ISBN
978-3-642-32405-5
DOI
10.1007/978-3-642-32405-5
Hardcover ISBN
978-3-642-32404-8
Softcover ISBN
978-3-642-42993-4
Edition Number
1
Number of Pages
XV, 182
Topics