Power-laws in art

Elena Stepanova, Federico Etro

Research output: Contribution to journalArticlepeer-review

3 Citations (Scopus)

Abstract

We provide evidence of a cubic law of art prices that hints to a general pattern for the distribution of artistic talent. The persistence across heterogeneous markets from historical ones to contemporary art auctions of a power law in the distribution of the average price per artist suggests the possibility of a universal law for talent distribution. We explore scale-free networks of teacher–students to investigate the diffusion of talent over time.
Original languageEnglish
Pages (from-to)217-220
Number of pages4
JournalPHYSICA. A
Volume506
DOIs
Publication statusPublished - 2018

Keywords

  • Art prices
  • Condensed Matter Physics
  • Power laws
  • Scale-free networks
  • Statistics and Probability
  • Talent distribution

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