Essays about: "hedonic art price index"

Found 3 essays containing the words hedonic art price index.

  1. 1. Tick-Tock: Time to invest? : A Study of the Investment Performance of Luxury Watches versus Traditional Assets

    University essay from Linköpings universitet/Produktionsekonomi

    Author : Gustav Sjöstedt; Sara Mannerford; [2023]
    Keywords : Veblen goods alternative assets traditional assets luxury watches hedonic pricing method hedonic characteristics regression analysis Sharpe ratio Treynor ratio CAPM Jensen’s alpha;

    Abstract : Background: This study discusses the phenomenon of luxury goods as investment assets,focusing on luxury watches in particular. The rise of globalization and increased wealth,particularly among the middle and high-income groups in developing countries, hascreated a larger potential customer base for luxury items. READ MORE

  3. 2. The Art of Diversifying an Investment Portfolio with Art

    University essay from Uppsala universitet/Företagsekonomiska institutionen

    Author : Jesper Östergård-Hansen; Ausra Pipinyte; [2017]
    Keywords : art investments; alternative assets; portfolio diversification; hedonic art price index; art return;

    Abstract : The paper discusses art as an alternative tool for portfolio diversification. As interdependence between the financial markets is growing and asset correlations are increasing, it becomes difficult to build a well-diversified investment portfolio. Our purpose is to find out if art could be used as an alternative portfolio diversifier. READ MORE

  4. 3. What drives the value of art? - A quantitative study on the Swedish market for paintings

    University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansiering

    Author : Alexander Raza; Dennis Kundu; [2016]
    Keywords : Hedonic price index; returns; market for paintings; valuation;

    Abstract : In 1989, Swedish writer Olof Lagercrantz sold "Fyrtornet II" by August Strindberg for 15.6 MSEK, a painting he had bought 11 years earlier for 70,000 SEK. This story is reminiscent of the public perception of the market for paintings, namely that art and high quality paintings in particular, are good investments. READ MORE