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Taste Endures! The Rankings of Roger de Piles (†1709) and Three Centuries of Art Prices

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  • Graddy, Kathryn

Abstract

Roger de Piles (1635–1709) was a French art critic who decomposed the style and ability of 58 different artists into areas of composition, drawing, color, and expression, rating each artist on a 20-point scale in each category. Based on evidence from two data sets that together span from the mid-eighteenth century to the present, this article shows that De Piles' overall ratings have withstood the test of a very long period of time, with estimates indicating that the works of his higher-rated artists achieved both greater returns and higher critical acclaim than the works of his lower-rated artists.

Suggested Citation

  • Graddy, Kathryn, 2013. "Taste Endures! The Rankings of Roger de Piles (†1709) and Three Centuries of Art Prices," The Journal of Economic History, Cambridge University Press, vol. 73(3), pages 766-791, September.
    • Handle: RePEc:cup:jechis:v:73:y:2013:i:03:p:766-791_00
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    Citations

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    Cited by:

    1. V. Ginsburgh & Sheila Weyers, 2014. "Nominees, winners, and losers," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 38(4), pages 291-313, November.
    2. Kathryn Graddy & Carl Lieberman, 2018. "Death, Bereavement, and Creativity," Management Science, INFORMS, vol. 64(10), pages 4505-4514, October.
    3. Borowiecki, Karol Jan & Dahl, Christian Møller, 2021. "What makes an artist? The evolution and clustering of creative activity in the US since 1850," Regional Science and Urban Economics, Elsevier, vol. 86(C).
    4. Spaenjers, Christophe & Goetzmann, William N. & Mamonova, Elena, 2015. "The economics of aesthetics and record prices for art since 1701," Explorations in Economic History, Elsevier, vol. 57(C), pages 79-94.
    5. Orley Ashenfelter & Kathryn Graddy, 2011. "Art Auctions," Chapters, in: Ruth Towse (ed.), A Handbook of Cultural Economics, Second Edition, chapter 2, Edward Elgar Publishing.
    6. Heinrich Ursprung & Katarina Zigova, 2021. "The Ultimate Coasian Commitment: Estimating and Explaining Artist-Specific Death Effects," Working Papers CEB 21-013, ULB -- Universite Libre de Bruxelles.
    7. Pénasse, Julien & Renneboog, Luc & Spaenjers, Christophe, 2014. "Sentiment and art prices," Economics Letters, Elsevier, vol. 122(3), pages 432-434.
    8. Etro, Federico & Stepanova, Elena, 2021. "Art return rates from old master paintings to contemporary art," Journal of Economic Behavior & Organization, Elsevier, vol. 181(C), pages 94-116.
    9. John Galbraith & Douglas Hodgson, 2015. "Innovation, experience and artists’ age-valuation profiles: evidence from eighteenth-century rococo and neoclassical painters," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 39(3), pages 259-275, August.
    10. Hellmanzik, Christiane, 2016. "Historic art exhibitions and modern - day auction results," Research in Economics, Elsevier, vol. 70(3), pages 421-430.
    11. Heinrich Ursprung & Katarina Zigova, 2020. "Diff-in-Diff in Death: Estimating and Explaining Artist-Specific Death Effects," CESifo Working Paper Series 8181, CESifo.
    12. William Goetzmann & Elena Mamonova & Christophe Spaenjers, 2014. "The Economics of Aesthetics and Three Centuries of Art Price Records," NBER Working Papers 20440, National Bureau of Economic Research, Inc.
    13. Penasse, J.N.G. & Renneboog, L.D.R. & Spaenjers, C., 2014. "Sentiment and art prices," Other publications TiSEM 586e6ca3-e77e-43c8-8e95-c, Tilburg University, School of Economics and Management.
    14. Whitaker, Amy & Kräussl, Roman, 2023. "Art collectors as venture capitalists," CFS Working Paper Series 696, Center for Financial Studies (CFS).
    15. Borowiecki, Karol Jan, 2019. "The Origins of Creativity: The Case of the Arts in the United States since 1850," Discussion Papers on Economics 11/2019, University of Southern Denmark, Department of Economics.
    16. Federico Etro, 2022. "Art and Markets in the Greco-Roman World," Working Papers - Economics wp2022_27.rdf, Universita' degli Studi di Firenze, Dipartimento di Scienze per l'Economia e l'Impresa.
    17. Chrissochoidis, Ilias, 2016. "Quantifying music genius, or Handel on the balance: A scale of musical merit from 1776," Discussion Papers, Research Unit: Economics of Change SP II 2016-311, WZB Berlin Social Science Center.
    18. Pownall, Rachel A.J. & Graddy, Kathryn, 2016. "Pricing color intensity and lightness in contemporary art auctions," Research in Economics, Elsevier, vol. 70(3), pages 412-420.

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