《《Art as an Investment and Conspicuous Consumption Good》.pdf

American Economic Association Art as an Investment and Conspicuous Consumption Good Author(s): Benjamin R. Mandel Reviewed work(s): Source: The American Economic Review, Vol. 99, No. 4 (Sep., 2009), pp. 1653-1663 Published by: American Economic Association Stable URL: /stable. Accessed: 20/02/2012 09:59 Your use of the JSTOR archive indicates your acceptance of the Terms Conditions of Use, available at . /page/info/about/policies/terms.jsp JSTOR is a not-for-profit service that helps scholars, researchers, and students discover, use, and build upon a wide range of content in a trusted digital archive. We use information technology and tools to increase productivity and facilitate new forms of scholarship. For more information about JSTOR, please contact support@. American Economic Association is collaborating with JSTOR to digitize, preserve and extend access to The American Economic Review. American Economic Review 2009, 99:4, 1653-1663 aeaweb. org/articles.php ?doi=10.1257/aer. 99.4.1653 http-J/www. as an and Good Art Investment Conspicuous Consumption By Benjamin R. Mandel* recent announcements on record sales one to that A of media auction lead believe spate might art as an asset come of is of an artworks class has