The Extraordinary Art Critic Roger de Piles (1635-1709): An Empirical Analysis of his Rankings and Sale Prices
: Roger de Piles (1635-1709) was a French art critic who decomposed the style and ability of each artist into areas of composition, drawing, color and expression, rating each on a 20 point scale. Based on evidence from two datasets that together span from 1740 to the present, this paper shows that de Pilesâ€™ four characteristics are each both currently and historically correlated with prices achieved at auction. The effect of de Pilesâ€™ drawing characteristic on price has steadily decreased over the period 1736-1960 while the effect of de Pilesâ€™ color characteristic appears to have increased over the same period. De Pilesâ€™ overall ratings have also withstood the test of a very long period of time, with estimates indicating that the works of his higher-rated artists achieved a greater return than his lower rated artists. The annual returns of all artists that he rated achieved comparable returns to other art indices.
|Date of creation:||May 2012|
|Date of revision:||May 2012|
|Contact details of provider:|| Web page: http://www.culturaleconomics.org/|
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:cue:wpaper:awp-04-2012. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Juan Prieto-Rodriguez)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.