This study analyzes the efficiency hypothesis for three major wine indices using different
parametric and non‐parametric tests for the short and long‐term horizons. Based on monthly …

This paper examines the risk and returns of classic car price indices over the 1994–2021
period. We calculate the central tendency, dispersion, shape of risk and returns, the unit root …

This study investigates the impact of both economic policy uncertainty (EPU) and business
cycles on the fine wine market. We use a nonlinear autoregressive distributed lag model to …

We introduce and study a mathematical model of an art collector. In our model, the collector
is a rational agent whose actions in the art market are driven by two competing long-term …

We contribute to the literature by studying the impact of economic policy uncertainty shocks
on returns in the global art market, the global paintings market and the USA art market from …

Rare whiskies' market: new Eldorado for investors and collectors? | Emerald Insight Books and
journals Case studies Expert Briefings Open Access Publish with us Advanced search Rare …

This article investigates the dynamic process of convergence among a set of real alternative
(art, fine wine, gold, residential real estate) and financial assets in the US context over the …

Collecting, which is a niche area of consumer behavior, has been given little research
attention by marketing scholars. Based on an extensive literature review and primary data …

Heterogeneous buyer preferences behind rejecting the law of one price in the fine wines
market - ScienceDirect Skip to main contentSkip to article Elsevier logo Journals & Books …

This study uses a nonlinear autoregressive distributed lag (NARDL) model to investigate the
potential of art as a hedge against inflation. The analysis is based on quarterly data of art …