News
Auction Value of Paintings " during the upcoming Finance Research Seminar: We study pricing in the art auction market, focusing on the impact of color composition in non-figurative paintings on hammer prices [...] participants’ willingness-to-pay and measured emotions. We find that blue and red paintings command a premium: blue (red) paintings generate 18.57% (17.28%) higher bids. Color influences prices through the channel [...] Speaker: Prof. Dr. Luc Renneboog, Tilburg University Title: Colors, Emotions, and the Auction Value of Paintings (Marshall Xiaoyin Ma, Charles N. Noussair, and Luc Renneboog) Prof. Dr. Luc Renneboog of the University