Year: 2025
Type: article
Abstract: Jackson Pollock is one of the most influential Post-War American artists. The art critic Clement Greenberg claimed that Pollock’s drip paintings were the culmination of modern art. In this case study, we construct a novel dataset on the auctions of Pollock’s paintings from 1984 to 2023. We consider whether the artwork was sold or ‘bought in’ and explore the determinants of the auction hammer price correcting for sample selection bias. The robust method suggests that five variables explain 85.34% of the hammer price variation for the iconic artist’s paintings.
Source: Applied Finance Letters
Institutions: Mercer University, Mercer University Health Sciences Center
Language: English
Subfield: Visual Arts and Performing Arts
Field: Arts and Humanities
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4414905323
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