Value creation in fine arts: a system dynamics model of inverse demand and information cascades
研究了信息级联和需求队列如何影响美术品价值链中边际价值增值的分布，以一家硬瓷雕塑工作室为例，模型可推广至其他美术品和行业。
Abstract We integrate information cascades and demand queue behaviors as they affect the distribution of marginal value added in the value chain. We develop a system dynamics model of the relationships of Edward Marshall Boehm, Inc., a studio that creates hard‐paste porcelain pieces of fine art sculpture. The relationships between information cascades, demand queues, and the distribution of marginal value added are applicable to other fine art settings and other industries. Copyright © 2002 John Wiley & Sons, Ltd.