19 lines
1016 B
Markdown
19 lines
1016 B
Markdown
# Art
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Art is an asset class which encompass a broad category of human activities that are done with "artistic intent". This is a philosophically ambiguous category but generally corresponds to activities which are stimulating because of their aesthetic, intellectual or emotional qualities.
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Art is a [non-productive asset](productive-asset.md).
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Art is a [speculative asset](speculation.md).
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Art generally has no [income-cashflows](income-cashflows.md) in and of itself.
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Art has no [fundamental value](fundamental-value.md) under the economic definition of the term.
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Art's [intrinsic value](use-value.md) is a debated in philosophy. There is no generally agreed definition of what constitutes art.
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Art's value is often tied to its provenance and [sign-value](sign-value.md).
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Art may be [artificial-scarcity](artificial-scarcity.md) if created as part of a collection.
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The art market has a great amount of [asymmetric-information](asymmetric-information.md) and [market-manipulation](market-manipulation.md). |