caa a22 4500 445871695 CHVBK 20180317145513.0 cr unu---uuuuu 170323e20111101xx s 000 0 eng 10.1007/s10824-011-9150-6 doi (NATIONALLICENCE)springer-10.1007/s10824-011-9150-6 Hodgson Douglas Université du Québec à Montreal, Succ. Centre-Ville, C.P. 8888, Montreal, QC, Canada aut Age-price profiles for Canadian painters at auction [Elektronische Daten] [Douglas Hodgson] We conduct an empirical analysis of the effect on the auction price of a Canadian painting of the age of the painter at the time of creation of the painting. We consider over two hundred artists, active over the entire history of Canadian art, who are pooled in the estimation of a hedonic regression in which a polynomial function in age enters as a regressor along with several other control variables. We consider the possibility that the age-price relationship has changed over time by: (a) estimating separate age-price functions for three generational groups of artists—those born before 1880, between 1880 and 1920, and after 1920 and thus coming of age in the world of post-war ‘contemporary art' and (b) estimating a parameterization where the shape of the age-price profile is permitted to change continuously depending on the year of birth of the artist. Our principal result is that artists born more recently tend to ‘peak' earlier in their careers than those of previous generations. Springer Science+Business Media, LLC., 2011 Hedonic pricing model nationallicence Art markets nationallicence Art auctions nationallicence Journal of Cultural Economics Springer US; http://www.springer-ny.com 35/4(2011-11-01), 287-308 0885-2545 35:4<287 2011 35 10824 https://doi.org/10.1007/s10824-011-9150-6 text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.1007/s10824-011-9150-6 text/html Onlinezugriff via DOI NATIONALLICENCE 100 1- Hodgson Douglas Université du Québec à Montreal, Succ. Centre-Ville, C.P. 8888, Montreal, QC, Canada aut NATIONALLICENCE 773 0- Journal of Cultural Economics Springer US; http://www.springer-ny.com 35/4(2011-11-01), 287-308 0885-2545 35:4<287 2011 35 10824 Metadata rights reserved Springer special CC-BY-NC licence nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-springer