Performing Calculation in the Art Market

Herrero, Marta

doi:10.1080/17530351003617552

Cited by 10 publications

(5 citation statements)

References 22 publications

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“…For the case of art markets, these would also include the availability and specific use of market devices such as gallery spaces, art price databases or judgment devices which are used to evaluate contemporary art artistically and economically (see e.g. Herrero 2010;Velthuis and Coslor 2012). Finally, future research should address the impact which different activation mechanisms have on the further development of markets.…”

Section: Resultsmentioning

confidence: 99%

Local contexts as activation mechanisms of market development: contemporary art in emerging markets

Komarova

Velthuis

2017

Consumption Markets & Culture

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Local contexts as activation mechanisms of market development: contemporary art in emerging markets Komarova, N.; Velthuis, O.J.M. General rightsIt is not permitted to download or to forward/distribute the text or part of it without the consent of the author(s) and/or copyright holder(s), other than for strictly personal, individual use, unless the work is under an open content license (like Creative Commons). Disclaimer/Complaints regulationsIf you believe that digital publication of certain material infringes any of your rights or (privacy) interests, please let the Library know, stating your reasons. In case of a legitimate complaint, the Library will make the material inaccessible and/or remove it from the website. Please Ask the Library: http://uba.uva.nl/en/contact, or a letter to: Library of the University of Amsterdam, Secretariat, Singel 425, 1012 WP Amsterdam, The Netherlands. You will be contacted as soon as possible. The paper studies how local contexts contribute to the emergence of markets. In particular, it explains how potential entrepreneurs are motivated to become active in establishing new markets. Empirically, the focus is on contemporary art markets in two emerging countries: India and Russia. The paper draws upon qualitative interviews with 65 contemporary art dealers conducted in New Delhi, Mumbai, Moscow and Saint Petersburg. We show how different socio-cultural contexts function as activation mechanisms: in India, family backgrounds predominantly structure the decision-making processes, among others through the economic, social and cultural capital which these families provide. In Russia, by contrast, such family background is non-existent. Instead, the socio-economic turmoil of 1990s and 2000s as well as the strong involvement of the state function as activation mechanisms. We suggest that these different activation mechanisms contribute to explaining the diverging market performance in both countries.

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Section: Resultsmentioning

confidence: 99%

Local contexts as activation mechanisms of market development: contemporary art in emerging markets

Komarova

Velthuis

2017

Consumption Markets & Culture

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“…As Bourdieu (1985, 3) notes, 'properties assigned to cultural goods are positional ones'. Once again, tacit assessments of value are objectified by the proposal's ability to enrol and stabilize claims on the 'capital' of existing authors (Herrero 2010 In this description there is the articulation of the process of making goods calculable, the crucial aspect of which is the decision as to which authors are going to be used as comparators. As with many cultural fields, a known or recognised name is reflective of, and bestows the power of, consecration (Bourdieu 1980).…”

Section: Proposal Submissions: the Beginnings Of Calculationmentioning

confidence: 99%

“…We have made use of Bourdieu's concept of habitus, suggesting that it might be usefully allied with studies of calculative agencies and agencement in order to further our understanding of varied means of 'agencing cognition' (Cochoy 2014) and to appreciate, within a framework of socio-materially mediated economic action, how individuals might cope with the positions of distinction and capital embedded in such material artefacts as the proposal (Herrero 2010). Although habitus does not come without some confusion (Brubaker 2004), empirical accounts illustrate that there is both complexity and subtlety in the concept, such that habitus serves as a useful analytical tool to illuminate the understanding of new entrants within book publishing.…”

Section: Proposal Submissions: the Beginnings Of Calculationmentioning

confidence: 99%

Economizing Habitus

Gulledge¹,

Roscoe²,

Townley³

2015

Journal of Cultural Economy

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Pierre Bourdieu's classical sociology and the actor network based 'economization' literature are often considered contradictory, despite some agreement on the constructed nature of economic man. Through an examination of the publishing industry, we argue that Bourdieu's concept of habitus may offer a useful contribution to the literature on economization. We examine how those new to a field come to understand their position and the role of material devices in structuring this. We argue that Bourdieu's theory, appropriately stated, sheds light on the tacit assessments made by market agents alongside their involvement in network-based calculative mechanisms, and allows studies of markets to deal with some persistent criticisms of the economization programme.

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“…But this path was never allowed to lead too far from familiar territory. Others devised ways to bolster Bourdieusian frameworks with actor-network theory (e.g., Lang 2019;Herrero 2010;Prior 2008), diluting any threat posed by Hennion's version of STS.…”

mentioning

confidence: 99%

New directions and new discoveries in the sociology of the arts

McCormick

2022

Am J Cult Sociol

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Performing Calculation in the Art Market

Cited by 10 publications

References 22 publications

Local contexts as activation mechanisms of market development: contemporary art in emerging markets

Local contexts as activation mechanisms of market development: contemporary art in emerging markets

Economizing Habitus

New directions and new discoveries in the sociology of the arts

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