To Buy or Not to Buy, That is the Question
Establishing the monetary value of Clara’s art has been described in other parts of the site. In essence collectors drive the price and this is determined by knowledge of the artist’s work: Clara’s paintings are only valuable if her work is known. The work must be perceived to have value which means an established record of sales must exist.
There needs to be movement in the market: the collector with the most paintings doesn’t necessarily win the big prize. Many player