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Art History and Market Analysis

Art History and Market Analysis is a research topic within Visual Arts and Performing Arts. Science Explorer counts 9k research works in it since 1950. 10.4% of them reached the world's top 10% most cited for their field and year.

This cluster of papers explores the dynamics of art as an investment, including the behavior of art markets, price determinants, financial returns, risk, and the role of collecting and reputation. It also delves into the concept of art as a financial asset and its potential for portfolio diversification. The cluster investigates market inefficiencies, auction effects, and the impact of factors such as age, location, and historical context on art prices.

  • Art Market
  • Investment
  • Auctions
  • Price Determinants
  • Financial Returns
  • Collecting
  • Reputation
  • Risk
  • Portfolio Diversification
  • Market Inefficiency
Research works
9k
fractional, since 1950
In the world top 10%
934
per year above
Top-10% rate
10.4%
share of its works in the world top 10%
Growth, 2018-21 → 2022-25
+12%
the tick is no change
Largest producer
United States
32% of the 10 largest, 2022-now

Which countries lead Art History and Market Analysis research?

By volume, the United States and the United Kingdom publish the most (376 and 149 works in 2022-now).

By volume, 2022-now

  1. 1 United States 376 works
  2. 2 United Kingdom 149 works
  3. 3 China 139 works
  4. 4 Italy 98 works
  5. 5 France 98 works
  6. 6 Germany 85 works
  7. 7 India 76 works
  8. 8 Poland 58 works
  9. 9 Spain 53 works
  10. 10 Australia 47 works

How concentrated that is

The same countries as shares of everything the list above accounts for. A node where two countries do two thirds of the work and one spread evenly across twelve read alike as a ranking and not at all alike here.

United States: 31.9%United Kingdom: 12.6%China: 11.8%Italy: 8.3%6 others listed: 35.3%32%largest
United States376 · 31.9%United Kingdom149 · 12.6%China139 · 11.8%Italy98 · 8.3%6 others listed417 · 35.3%

Shares of the rows listed above, not of the whole node.

Which institutions lead Art History and Market Analysis research?

By volume in 2022-now, Centre National de la Recherche Scientifique publishes the most Art History and Market Analysis research, followed by Erasmus University Rotterdam and Film Independent.

Who are the leading researchers in Art History and Market Analysis?

The most-cited researchers publishing on Art History and Market Analysis include Albert-Ĺaszló Barabási and Paul DiMaggio.

  1. 1 Albert-Ĺaszló Barabási United States 223k citations
  2. 2 Paul DiMaggio United States 120k citations

Ranked by citations received across their whole record, among researchers with at least three works on this topic.

What are the most cited papers in Art History and Market Analysis?

The most cited paper in Art History and Market Analysis is "Who is the Celebrity Endorser? Cultural Foundations of the Endorsement Process" (Grant McCracken, 1989), with 3,181 citations. Next come "Processing Fads and Fashions: An Organization-Set Analysis of Cultural Industry Systems" (1,345) and "The Cultural Economy of Cities" (1,226).

Most cited papers
#PaperReleasedCitations
1 Who is the Celebrity Endorser? Cultural Foundations of the Endorsement Process Grant McCracken · Journal of Consumer Research Dec 1989 3,181
2 Processing Fads and Fashions: An Organization-Set Analysis of Cultural Industry Systems Paul M. Hirsch · American Journal of Sociology 1972 1,345
3 The Cultural Economy of Cities Allen John Scott · International Journal of Urban and Regional Research Jun 1997 1,226
4 Creative Industries: Contracts between Art and Commerce Jim Horner · Journal of Economic Issues Dec 2001 1,224
5 Consumer Perceptions of Iconicity and Indexicality and Their Influence on Assessments of Authentic Market Offerings Kent A. Grayson, Radan Martinec · Journal of Consumer Research Sep 2004 1,192
All 98 most cited papers, with filters and sorting

Where is Art History and Market Analysis research done?

The largest centres of Art History and Market Analysis research in 2022-now are London (United Kingdom), Paris (France), New York (United States) and Beijing (China). Among places with at least 20 works in it, it is an unusually large share of all research in Milan.

Largest cities, 2022-now

  1. 1 LondonUnited Kingdom 46 works
  2. 2 ParisFrance 42 works
  3. 3 New YorkUnited States 34 works
  4. 4 BeijingChina 34 works
  5. 5 MoscowRussia 22 works
  6. 6 MilanItaly 21 works
  7. 7 WarsawPoland 18 works
  8. 8 RomeItaly 16 works
  9. 9 Los AngelesUnited States 16 works
  10. 10 MadridSpain 16 works

Where it is the local speciality

  1. MilanIT · 21.2 works4.1×
← less than its size predicts1×more →

Location quotient: how much more of its research is in Art History and Market Analysis than the world average.

See Art History and Market Analysis on the map

Where is the best place to study Art History and Market Analysis?

Among universities, judged by research, Erasmus University Rotterdam score highest, combining citation excellence, specialisation, size, growth and international reach. Research strength is one signal when choosing where to study; it does not measure teaching.

Citation excellenceshare of its work in the world top 10%, 2022-now and all time averaged
40%
Specialisationhow much of its work is in this field, counted up to 10× the world share
10%
Sizeits output in this field, on a log scale
30%
Growthoutput growth, counted from -20% to +20%
10%
Internationalshare of its work with a co-author abroad
10%
Each slider sets a weight; the share it gets of the score is beside it.
#UniversityScoreTop 10%SpecialisationWorksGrowth
1Erasmus University RotterdamNetherlands 10.021.7%12.7×10 +30.3%

Universities only. The score blends citation excellence (40%), size (30%), specialisation (10%), growth (10%), international reach (10%), 2022-now; growth compares 2018-21 with 2022-25 and counts up to +20%, since a jump from a small base is mostly noise.

Every institution in Art History and Market Analysis, country by country

Is Art History and Market Analysis research growing?

Output in 2022-2025 was 12% higher than in 2018-2021, peaking in 2023. The fastest-growing topics are Art History and Market Analysis.

still counting19801990200020102020
grewheldshrank

The same series as a ribbon: one cell per year, darker for more. The line above answers how much; this answers when.

Its share of all research

Growing output can still be a shrinking share: all of science grows. This is Art History and Market Analysis as a percentage of every work published that year, 0.0075% in 2024.

still counting0.0050%0.010%0.015%Art History and Market Analysis0.0070% in 202519801990200020102020

Fractional works of Art History and Market Analysis over all fractional works that year. How the balance of science has shifted.

How much of it reaches the world top 10%

Year by year.

still counting5%10%15%Art History and Market Analysis10.6% in 2025200020102020

Of each year's works in it, the share that reached the world's 10% most cited for their field and year. A field is the world for its own topics, so there is no other line to hold it against.

Which topics inside it are moving

Growth and decline on one axis around a shared zero. Two lists side by side hide the thing that matters: whether the growth dwarfs the decline, or the other way round.

Discussion

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