Product description ※Please note that product information is not in full comprehensive meaning because of the machine translation.
Many people have often been surprised or puzzled by the price of a famous painting at an auction. Why are people puzzled? At its root is the uncertainty of the "process" by which prices are put. In fact, the price of paintings and other works of art is determined by the "meaning exchange system" in which many players such as artists, gallery owners, auction houses and collectors participate, not by the evaluation of the good or bad of the work alone. In this book, we clarify the rules of the game and the existence of the "meaning exchange system" in the special exchange place of the arts market. Then, we analyze the characteristics using sociological methods such as economic theoretical models, interviews, data analysis, and participatory observation.