Investigating Youth Premium in Contemporary Art Market
Summary
Investigating youth premium - hypothesis that art investors are willing to pay a premium for younger artist’s work - in the contemporary art market. Collected 35k sales of contemporary artworks of artists born after 1900. Analzyzed using mixed model regressions.
Tools
- Python - Scrapy for web-crawling Christie’s auction house
- R - Lmer for mixed model regression
Link Project Repo