Search

EconomistsTalkArt.org

Research-based policy analysis and commentary

Tag

value

AWFULLY BEAUTIFUL? I REALLY LIKE THIS ARTWORK, IF I AM NOT MISTAKEN

By Monika Kackovic 

gummbah.png

Information about the quality of producers and products has strategic value and affects economic decisions. But what happens in markets with informational gaps where quality is difficult to observe and where objective criteria to make quality judgments are largely lacking?

Continue reading “AWFULLY BEAUTIFUL? I REALLY LIKE THIS ARTWORK, IF I AM NOT MISTAKEN”

Advertisements

FROM MORE TO BETTER: WHAT ART TEACHES US ABOUT QUALITY

By Erwin Dekker

Andy Warhol, Campbell's Soup Cans, 1962

Products are more and more differentiated, and qualitative differences between products are ever more important. What does that imply for the way we study markets? And do economists have anything to say about quality? They do, and it is the study of arts that have helped them do so. 

Continue reading “FROM MORE TO BETTER: WHAT ART TEACHES US ABOUT QUALITY”

Create a free website or blog at WordPress.com.

Up ↑

%d bloggers like this: