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The article examines the governance of the high-value fine art market, highlighting the challenges posed by art crime and the complexities of establishing provenance. It reveals a polycentric private governance system among auction houses like Christie’s and Sotheby’s, where various actors manage issues of authenticity and legal title, often driven by profit and prestige. Despite the imperfections of public law enforcement, the art market thrives, with rising prices leading to increased opportunistic behavi

Author

hadismarketing17

Language

EN