Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/203085 
Year of Publication: 
2018
Series/Report no.: 
LEM Working Paper Series No. 2018/32
Publisher: 
Scuola Superiore Sant'Anna, Laboratory of Economics and Management (LEM), Pisa
Abstract: 
We provide evidence of a cubic law of art prices that hints to a general pattern for the distribution of artistic talent. The persistence across heterogeneous markets from historical ones to contemporary art auctions of a power law in the distribution of the average price per artist suggests the possibility of a universal law for talent distribution. We explore scale-free networks of teacher-students to investigate the diffusion of talent over time.
Subjects: 
Power laws
Art prices
Talent distribution
Scale-free networks
JEL: 
C23
Z11
Document Type: 
Working Paper

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