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An art critic's perspective on the billion-dollar auction of Paul Allen's collection
Art critic Blake Gopnik comments on the record-setting auction, as well as his own interactions with the late Microsoft co-founder.
Will Brits embrace economic recovery under the mistletoe this Christmas?
Some say the return of the U.K.’s only annual mistletoe auction heralds the beginning of the end of COVID-induced social distancing.
Does the sale of fine art need physical spaces?
Masha Golovina of Masterworks.io talks about the two-tiered economy and says that when physical art fairs are coupled with online sales, "that's the ideal mix."
Should a museum auction its art to raise funds?
It's an existential question, says art critic Blake Gopnik. Once a work of art is in a museum, it's supposed to be more or less unsellable.
Nobel laureate Robert Wilson says auctions pervade our everyday life
Many products are now sold using "package auctions" for a more efficient allocation of goods.
U.S. economists win Nobel Prize for auction theory work
The winning economists designed auctions that allow for multiple bids over a period of time.
2 Americans win Nobel prize in economics for auction theory
Americans Paul R. Milgrom and Robert B. Wilson won the Nobel Prize in economics on Monday for “improvements to auction theory and inventions of new auction formats.”
Auction industry readies for COVID-19 business closures
The last order of business for many bankrupt companies — restaurants in particular — is to put their assets under the gavel.
The business behind celebrity auctions
What started in 1970 with a massive MGM auction has turned into a multimillion-dollar global business.
Rockefeller auction at Christie's expected to bring in $500 million or more for charity
The items at the auction include everything from David Rockefeller’s gold cuff links to Picasso paintings that were once owned by writer Gertrude Stein.