Awards, Success and Aesthetic Quality in the Arts

摘要

The role of gatekeepers, gurus and experts is dramatically increasing in our societies, where sorting information about quality can become a very cumbersome task. A change in the rating of a corporate bond or of a country's risk by Moody or Standard & Poor's can generate large capital movements. In the field of cultural economics, prominent examples of expert judgment include the award of an Oscar by the Academy of Motion Picture Arts and Sciences, the opinion by an art expert to attribute a painting to Rembrandt or the rating of a wine by Robert Parker.