Lee et al., "Social signals predict contemporary art prices better than visual features, particularly in emerging markets" (2024)
2024-05-21 → 2026-08-14
Kangsan Lee, Jaehyuk Park, Sam Goree, David Crandall, and Yong-Yeol Ahn, Scientific Reports 14, 11615 (2024)
Link | PDF | Data
@article{lee2024social,
author = {Kangsan Lee and Jaehyuk Park and Sam Goree and David Crandall and Yong-Yeol Ahn},
title = {Social signals predict contemporary art prices better than visual features, particularly in emerging markets},
journal = {Scientific Reports},
volume = {14},
pages = {11615},
doi = {10.1038/s41598-024-60957-z},
year = {2024},
}
Compares visual features with social information about artists and markets for predicting contemporary-art auction prices. Social signals predict prices much better, especially in emerging markets.
Art market, Social construction of value, Cultural market