Risks in Renaissance Art Production, Purchase, and Reception

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.

Product details

• Authors: Jonathan K. (Syracuse University Nelson, Richard J. (Harvard University Zeckhauser, Jonathan K. Nelson, Richard J. Zeckhauser, Jonathan K Nelson, Richard J Zeckhauser, Nelson Jonathan K., Zeckhauser Richard J.
• Publisher: Cambridge University Press Academic
• Content: Book
• Product form: Hardback
• Publication date: 29.02.2024
• Subject: Education and learning > Teaching preparation > Vocational needs
• EAN: 9781009476614
• ISBN: 978-1-0-0947661-4
• Pages: 106
• Dimensions (packing): 16 x 23 x 1 cm
• Series: Elements in the Renaissance
• Subjects: European History, HISTORY / Europe / General, Italy, Early modern history: c 1450/1500 to c 1700, Renaissance style, European history: Renaissance, Risk assessment