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10.1057/s41290-020-00119-6

http://scihub22266oqcxt.onion/10.1057/s41290-020-00119-6
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33042542!7538678!33042542
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suck abstract from ncbi


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pmid33042542      Am+J+Cult+Sociol 2020 ; 8 (3): 462-476
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  • Art markets in crisis: how personal bonds and market subcultures mediate the effects of COVID-19 #MMPMID33042542
  • Buchholz L; Fine GA; Wohl H
  • Am J Cult Sociol 2020[]; 8 (3): 462-476 PMID33042542show ga
  • We examine how the contemporary art market has changed as a result of the disruptions caused by the novel coronavirus. Based on interviews with artists, collectors, a dealer, and an auction house executive, we argue that the decline of face-to-face interaction, previously essential to art market transactions, has placed strain on each corner of the community. In the absence of physical co-presence with the artworks and art world actors, participants struggle to evaluate and appreciate artworks, make new social ties, develop trust, and experience a shared sense of pleasure and collective effervescence. These challenges especially impact the primary gallery market, where participants emphasize a communal commitment to art above instrumental speculation, which is more accepted in the secondary auction market. We find a transition to distant online communication, but the likelihood of this continuing after the lockdowns end and the virus dissipates varies according to the subcultures of these market segments.
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