| Description |
1 online resource (96 pages) : illustrations (some color) |
| Series |
Cambridge elements. Elements in the Renaissance |
|
Cambridge elements. Elements in the Renaissance.
|
| Summary |
This Element represents the first systematic study of the risks borne by those who produced, commissioned, and purchased art, across Renaissance Europe. It employs a new methodology, built around concepts from risk analysis and decision theory. The Element classifies scores of documented examples of losses into 'production risks', which arise from the conception of a work of art until its final placement, and 'reception risks', when a patron, a buyer, or viewer finds a work displeasing, inappropriate, or offensive. Significant risks must be tamed before players undertake transactions. The Element discusses risk-taming mechanisms operating society-wide: extensive communication flows, social capital, and trust, and the measures individual participants took to reduce the likelihood and consequences of losses. Those mechanisms were employed in both the patronage-based system and the modern open markets, which predominated respectively in Southern and Northern Europe |
| Bibliography |
Includes bibliographical references |
| Notes |
Description based on online resource; title from digital title page (viewed on February 23, 2024) |
| Subject |
Art, Renaissance -- Economic aspects -- History -- 15th century
|
|
Art patronage -- Europe -- History -- 15th century
|
| Form |
Electronic book
|
| Author |
Zeckhauser, Richard, author.
|
| ISBN |
9781009402514 |
|
100940251X |
|
