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Functional characterization of the russian art-market


Alena Vetrova
(about the author)

Vetrova Alena Andreevna – Postgraduate student, Russian Presidential Academy of National Economy and Public Administration

Published in:
Creative Economy
– № 3 / March, 2014



Keywords: analysis, art, art-market, guiding function of the art-market, investment, market functions, price formation, subjects and objects of the art-market, the art-market infrastructure, the structure of the art-market


Citation:
Alena Vetrova (2014). Functional characterization of the russian art-market. Creative Economy, 8(3), 98-104. — url: http://bgscience.ru/com/lib/1225


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Abstract:

The author describes the functional characteristics of the art-market consistently. The article presents the characteristics of the russian art-market as a phenomenon that has obtained a wide circulation since the 1990s. The functions of price formation, regulation and promotion in the art market, their indirect differences from their equivalents in other markets have been characterized. The article also presents the structured scheme and infrastructure of the described market.







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