The present diploma thesis deals with international art trade. It is divided into four chapters. The first chapter introduces key market agents and describes briefly the art market history. It also shortly evaluates the current market situation. The second chapter describes major international art trade centers and analyses key market patterns and electronic trading. The third chapter provides overview of regulations and rules at the US, EU, and Chinese art markets. The last chapter compares investment into art with selected other investment options. This chapter includes also a case study concerning Picasso's late works on paper. The theoretical part of the thesis aims to provide comprehensive overview of the international art trade. The objective of the case study is to analyze evolution of a narrowly defined art market segment in a given period and to compare it with the development of global art market and also with the presumptions resulting from the theoretical part. The other objective of the case study is to compare the return on investment of this art market segment with respect to the S&P 500 shares and gold.
| Identifer | oai:union.ndltd.org:nusl.cz/oai:invenio.nusl.cz:199902 |
| Date | January 2012 |
| Creators | Kozáková, Kateřina |
| Contributors | Taušer, Josef, Trojanová, Kamila |
| Publisher | Vysoká škola ekonomická v Praze |
| Source Sets | Czech ETDs |
| Language | Czech |
| Detected Language | English |
| Type | info:eu-repo/semantics/masterThesis |
| Rights | info:eu-repo/semantics/restrictedAccess |
Page generated in 0.0025 seconds