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Copyright Law

: The Art Law Blog

"I believe it is mostly neuroeconomics at work, namely that we are more excited by new offerings than by familiar offerings"

By Intellectual Property Law, Esq.

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Tyler Cowen on "the afternoon effect" for artworks -- i.e., "the observation that as an auction proceeds, the prices of the lots decline, even for identical goods (e.g., wines)."

Full post as published by The Art Law Blog on May 20, 2008 (boomark / email).

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