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1. 1. What drives the value of art? - A quantitative study on the Swedish market for paintings

   D-uppsats, Handelshögskolan i Stockholm/Institutionen för redovisning och finansiering

   Författare :Alexander Raza; Dennis Kundu; [2016]
   Nyckelord :Hedonic price index; returns; market for paintings; valuation;

   Sammanfattning : In 1989, Swedish writer Olof Lagercrantz sold "Fyrtornet II" by August Strindberg for 15.6 MSEK, a painting he had bought 11 years earlier for 70,000 SEK. This story is reminiscent of the public perception of the market for paintings, namely that art and high quality paintings in particular, are good investments. LÄS MER