Betrifft St.Gallen: Experience and Brokerage in Asset Markets: Evidence from Art Auctions

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Bruno, Brunella ; García-Appendini, Emilia ; Nocera, Giacomo ; School of Finance at the University of St. Gallen (Hrsg.): Experience and Brokerage in Asset Markets: Evidence from Art Auctions. School of Finance Working Paper Series. St. Gallen : SoF – HSG, 2016. — Focusing on the art market, where auction houses act as brokers between art sellers and buyers, we investigate whether more experienced brokers achieve better performance as information providers. We use a unique data set of auctions of Italian paintings in various houses around the world, and we measure experience as the number of times an auctioneer has auctioned the artworks of a certain …


Hier: ZUM VOLLSTAENDIGEN EHERINGEARTIKEL Experience and Brokerage in Asset Markets: Evidence from Art Auctions

https://www.alexandria.unisg.ch/Publikationen/247407Experience and Brokerage in Asset Markets: Evidence from Art Auctions

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