publication . Article . 2017

Evolving impact of the auction houses in Turkish contemporary art market

Güldehen Kaya;
Open Access
  • Published: 01 Oct 2017
  • Publisher: Mahmut DEMİR
Abstract
There are vital institutions serving the production, distrubution and consumption of the contemporary art works and constituting the value of art. One of those institutions, an Auction House, as being solely a commercial entity, directly affects the perception of the art value via pricing. However, market value is not necessarily a fair and sufficient indicator and does not necessarily correspond to the artist’s career path. According to the artists, the perception of value attributed by that price per se, harmed the artists’ reputations and careers. This research aimed to analyze the presence of Auction Houses in Turkish contemporary art market.
Subjects
free text keywords: Turkish Contemporary Art MArket,Auction houses,Value of Art, Career path, Market value, Economics, Contemporary art, Perception, media_common.quotation_subject, media_common, Turkish, language.human_language, language, Advertising
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