(DOWNLOAD) "Market Structure and Innovation: The Case of Modern Art. (Symposium: Creativity and the Law)" by Notre Dame Law Review # eBook PDF Kindle ePub Free

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eBook details

• Title: Market Structure and Innovation: The Case of Modern Art. (Symposium: Creativity and the Law)
• Author : Notre Dame Law Review
• Release Date : January 01, 2011
• Genre: Law,Books,Professional & Technical,
• Pages : * pages
• Size : 267 KB

Description

INTRODUCTION From the Renaissance through the mid-nineteenth century, nearly all artists faced markets for their work that were dominated by powerful institutions or individuals. The rise of a competitive market for advanced art in the late nineteenth century freed artists from the constraint of having to satisfy patrons. This gave artists an unprecedented freedom to innovate, and a succession of young conceptual artists responded not only by creating radical new forms of art, but also by engaging in novel forms of behavior. A change in market structure, from monopsony to competition, thus explains why the advanced art of the past century has been completely different from that of all earlier times.

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