Eeek! Fear Said to Increase Appreciation of Abstract Art

Bullet Shih Feb, 2012 0
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Miller-mccune.com is reporting a recent study by Kendall Eskine, a research psychologist at Loyola University New Orleans that proposes that fear heightens one’s appreciation of abstract art.  This seems to also have been proven at Christie’s recent Contemporary sale as a 1994 Richter abstraction sold for 9.9 million pounds.  It appears that the pre-sale estimate of 5-7 million pounds scared potential buyers into a Richter appreciation frenzy pushing the painting to a price almost twice the low estimate.

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