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Effects Of Adverse Selection On The Market Of Cultural Valuables

Author

Listed:
  • Bulina, A.

    (graduate student, Department of Economic Theory and Economic Policy, Faculty of Economics, St. Petersburg State University)

Abstract

This paper proposes an approach to the analysis of market failure on creative and cultural market. The author examines the impact of information asymmetries on the market of cultural valuables. Conclusions include suggestion on possibility of solution based on pure art criticism or other cultural methods.

Suggested Citation

  • Bulina, A., 2013. "Effects Of Adverse Selection On The Market Of Cultural Valuables," Annals of marketing-mba, Department of Marketing, Marketing MBA (RSconsult), vol. 1, March.
    • Handle: RePEc:mmb:journl:articl_v1_1_13
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    File URL: http://www.marketing-mba.ru/article/v1_13/bulina.pdf
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    Keywords

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    JEL classification:

    • M31 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Marketing and Advertising - - - Marketing
    • Z1 - Other Special Topics - - Cultural Economics

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