News

Art and gender research presented at Yale University

  • Faculté de Droit, d'Économie et de Finance (FDEF)
    12 avril 2018

Prof. Roman Kräussl and Dr Julien Penasse from the Luxembourg School of Finance spoke at the Yale Symposium on Art and Gender, joining an international group of experts and practitioners to explore the causes of the gender divide in the art market.

Prof. Kräussl specialises in alternative investments with a strong focus on art as an asset class. He previously correctly predicted a bubble in the in the post-war and contemporary art markets and has developed a comprehensive annually published art market index for Germany’s manager magazin.

In one of his latest papers, Prof. Kräussl and a team of co-authors provided empirical evidence that works by female artists sell for significantly lower prices than those by male artists. A series of two experiments showed a significant correlation between works of art being attributed to women and the lower prices these works of art fetch at auction.

Is Gender in the Eye of the Beholder? Identifying Cultural Attitudes with Art Auction Prices” was presented at the Yale Symposium by Prof. Kräussl’s co-author, Prof. Renée B. Adams (UNSW Sydney, Australia), and discussed with Dr Julien Penasse.

Prof. Kräussl meanwhile joined a panel including Prof. Jonathan Feinstein (Yale School of Management) and Megan Fox Kelly (President of the Association of Professional Art Advisors) on “Building Collections, Pursuing Passions, and Moving Markets”.

The Yale Symposium on Art and Gender was organised by the Yale School of Management’s International Center for Finance on 29 March 2018. The conference was only one in a series of speaking engagements by Prof. Kräussl on the topic of art and finance, notably also including a talk on 4 April at the prestigious The Battery in San Francisco for a select audience of 150 art practitioners and collectors.