This paper aims to explore the relationship between perceived satisfaction and loyalty of Spanish arts participants. Evidence suggests that customer satisfaction plays a key role in an organization＇s ability to maint...This paper aims to explore the relationship between perceived satisfaction and loyalty of Spanish arts participants. Evidence suggests that customer satisfaction plays a key role in an organization＇s ability to maintain a relationship with its customers. We examined the link between satisfaction and loyalty within a theoretical framework based on an empirical study in which data from more than 14,000 respondents were obtained. This data allowed us to evaluate the arts consumer from an attitudinal and behavioral perspective looking at their interests, satisfaction level, frequency of attendance, and compare it using the participant＇s education level. A descriptive statistical analysis using ANOVA （analysis of variance）, correlation, partial correlation, and multiple regression provided evidence that, in the context of experiencing an arts show, satisfaction does not have any impact on loyalty but education level plays a significant role in people＇s interest and loyalty.展开更多
The art market,following the example of financial markets,is divided into a primary market,where works are traded directly from artists,and a secondary market that is mainly the auction market.COVID-19 and galloping i...The art market,following the example of financial markets,is divided into a primary market,where works are traded directly from artists,and a secondary market that is mainly the auction market.COVID-19 and galloping inflation have influenced the creation of a bull market in artwork.The high incomes of some buyers and inflation have influenced the emergence of the so-called“glittery”art market.Works by neglected artists have“very much taken on a life of their own”:fantasy art,works by young poster artists,casting“nightmares”-have been selling well for more than a year.People terrified of inflation are putting their money“in works of art”.The auction market dominates the primary market because anonymity makes it easier to enter the art market.The gallery market does not guarantee this anonymity.Very often,the auction market for works of art is used for money laundering.The purpose of this paper is to show that auction mechanisms are a good tool for the efficient allocation of goods and money in an era of galloping inflation,including non-standard objects such as works of art.These mechanisms,due to the information asymmetry,often lead to the generation of all kinds of pathologies and the increasing incidence of the phenomenon known as the winner’s curse.展开更多
Under the market economy system,art is a new investment channel.With the improvement of people's living standards,it has a new understanding of art investment.Based on this,this paper takes the price of art as the...Under the market economy system,art is a new investment channel.With the improvement of people's living standards,it has a new understanding of art investment.Based on this,this paper takes the price of art as the research object,and elaborates the price formation and transaction of the art capital market from the aspects of the intrinsic elements of art,the investment of art,the supply and demand of art market,people's boastful consumption and social education.The constraints imposed by the mechanism.展开更多
Record-shattering auction focuses the spotlight on modern Chinese artworks Apainting by Zhang Daqian (1899-1983),one of China’s best-known 20th-centurypainters, was knocked down for a record 100.8 million yuan ($14.8...Record-shattering auction focuses the spotlight on modern Chinese artworks Apainting by Zhang Daqian (1899-1983),one of China’s best-known 20th-centurypainters, was knocked down for a record 100.8 million yuan ($14.8 million), at展开更多
IN the spring of 1994, the China Guardian Auction Company Ltd., held a successful painting and calligraphy auction, which not only set records for unit price and total sales volume, but also successfully restructured ...IN the spring of 1994, the China Guardian Auction Company Ltd., held a successful painting and calligraphy auction, which not only set records for unit price and total sales volume, but also successfully restructured its business according to international standards of the arts market. Guardian’s success has given new inspiration to the mainland arts market, which is still in the early stages. it also has renewed the enthusiasm of collectors and businessmen who are also interested in art as an investment.展开更多
文摘This paper aims to explore the relationship between perceived satisfaction and loyalty of Spanish arts participants. Evidence suggests that customer satisfaction plays a key role in an organization＇s ability to maintain a relationship with its customers. We examined the link between satisfaction and loyalty within a theoretical framework based on an empirical study in which data from more than 14,000 respondents were obtained. This data allowed us to evaluate the arts consumer from an attitudinal and behavioral perspective looking at their interests, satisfaction level, frequency of attendance, and compare it using the participant＇s education level. A descriptive statistical analysis using ANOVA （analysis of variance）, correlation, partial correlation, and multiple regression provided evidence that, in the context of experiencing an arts show, satisfaction does not have any impact on loyalty but education level plays a significant role in people＇s interest and loyalty.
文摘The art market,following the example of financial markets,is divided into a primary market,where works are traded directly from artists,and a secondary market that is mainly the auction market.COVID-19 and galloping inflation have influenced the creation of a bull market in artwork.The high incomes of some buyers and inflation have influenced the emergence of the so-called“glittery”art market.Works by neglected artists have“very much taken on a life of their own”:fantasy art,works by young poster artists,casting“nightmares”-have been selling well for more than a year.People terrified of inflation are putting their money“in works of art”.The auction market dominates the primary market because anonymity makes it easier to enter the art market.The gallery market does not guarantee this anonymity.Very often,the auction market for works of art is used for money laundering.The purpose of this paper is to show that auction mechanisms are a good tool for the efficient allocation of goods and money in an era of galloping inflation,including non-standard objects such as works of art.These mechanisms,due to the information asymmetry,often lead to the generation of all kinds of pathologies and the increasing incidence of the phenomenon known as the winner’s curse.
文摘Under the market economy system,art is a new investment channel.With the improvement of people's living standards,it has a new understanding of art investment.Based on this,this paper takes the price of art as the research object,and elaborates the price formation and transaction of the art capital market from the aspects of the intrinsic elements of art,the investment of art,the supply and demand of art market,people's boastful consumption and social education.The constraints imposed by the mechanism.
文摘Record-shattering auction focuses the spotlight on modern Chinese artworks Apainting by Zhang Daqian (1899-1983),one of China’s best-known 20th-centurypainters, was knocked down for a record 100.8 million yuan ($14.8 million), at
文摘IN the spring of 1994, the China Guardian Auction Company Ltd., held a successful painting and calligraphy auction, which not only set records for unit price and total sales volume, but also successfully restructured its business according to international standards of the arts market. Guardian’s success has given new inspiration to the mainland arts market, which is still in the early stages. it also has renewed the enthusiasm of collectors and businessmen who are also interested in art as an investment.
