Imperfect Data, Art Markets and Internet Research

The sheer volume of data generated on the Internet has reached unprecedented numerical heights and has enabled new data-driven methodologies to study art and its markets. Yet, this type of data-driven research has also generated several unexpected methodological constraints for art markets researche...

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Main Authors: Hans J. Van Miegroet, Kaylee P. Alexander, Fiene Leunissen
Format: Article
Language:English
Published: MDPI AG 2019-06-01
Series:Arts
Subjects:
Online Access:https://www.mdpi.com/2076-0752/8/3/76
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author Hans J. Van Miegroet
Kaylee P. Alexander
Fiene Leunissen
author_facet Hans J. Van Miegroet
Kaylee P. Alexander
Fiene Leunissen
author_sort Hans J. Van Miegroet
collection DOAJ
description The sheer volume of data generated on the Internet has reached unprecedented numerical heights and has enabled new data-driven methodologies to study art and its markets. Yet, this type of data-driven research has also generated several unexpected methodological constraints for art markets researchers, particularly due to informational asymmetry. This observation is related to how various players on the Internet make data available, as well as summarize, transmit, gather, and access those data globally. It is not our ambition to present another historiography of art markets research, past and present. Rather, and in keeping with the theme of this special issue, we would like to focus on a few key constraints related to data-driven, contemporary art markets research, the Internet, and the structural recurrence of imperfect data. This contribution focuses on four areas of Internet research and its methods that are particularly problematic for researchers today, namely (1) auctions and online auctions; (2) dealers and galleries; (3) art indices; and (4) art fairs.
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spelling doaj.art-1d9027b953a94d5094ecdb8e60ebc0852022-12-22T02:40:09ZengMDPI AGArts2076-07522019-06-01837610.3390/arts8030076arts8030076Imperfect Data, Art Markets and Internet ResearchHans J. Van Miegroet0Kaylee P. Alexander1Fiene Leunissen2Duke Art, Law & Markets Initiative (DALMI), Department of Art, Art History & Visual Studies, Duke University, Durham, NC 27708, USADuke Art, Law & Markets Initiative (DALMI), Department of Art, Art History & Visual Studies, Duke University, Durham, NC 27708, USADuke Art, Law & Markets Initiative (DALMI), Department of Art, Art History & Visual Studies, Duke University, Durham, NC 27708, USAThe sheer volume of data generated on the Internet has reached unprecedented numerical heights and has enabled new data-driven methodologies to study art and its markets. Yet, this type of data-driven research has also generated several unexpected methodological constraints for art markets researchers, particularly due to informational asymmetry. This observation is related to how various players on the Internet make data available, as well as summarize, transmit, gather, and access those data globally. It is not our ambition to present another historiography of art markets research, past and present. Rather, and in keeping with the theme of this special issue, we would like to focus on a few key constraints related to data-driven, contemporary art markets research, the Internet, and the structural recurrence of imperfect data. This contribution focuses on four areas of Internet research and its methods that are particularly problematic for researchers today, namely (1) auctions and online auctions; (2) dealers and galleries; (3) art indices; and (4) art fairs.https://www.mdpi.com/2076-0752/8/3/76art marketsinformational asymmetrydata constraintsonline auctionsart indicesInternet galleriesart fairs
spellingShingle Hans J. Van Miegroet
Kaylee P. Alexander
Fiene Leunissen
Imperfect Data, Art Markets and Internet Research
Arts
art markets
informational asymmetry
data constraints
online auctions
art indices
Internet galleries
art fairs
title Imperfect Data, Art Markets and Internet Research
title_full Imperfect Data, Art Markets and Internet Research
title_fullStr Imperfect Data, Art Markets and Internet Research
title_full_unstemmed Imperfect Data, Art Markets and Internet Research
title_short Imperfect Data, Art Markets and Internet Research
title_sort imperfect data art markets and internet research
topic art markets
informational asymmetry
data constraints
online auctions
art indices
Internet galleries
art fairs
url https://www.mdpi.com/2076-0752/8/3/76
work_keys_str_mv AT hansjvanmiegroet imperfectdataartmarketsandinternetresearch
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AT fieneleunissen imperfectdataartmarketsandinternetresearch