Temporary markets: Market devices and processes of valuation at three Basel art fairs
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Authors
Author (Corporation)
Publication date
2023
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Type
01A - Journal article
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Parent work
Environment and Planning A: Economy and Space
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DOI of the original publication
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Series
Series number
Volume
55
Issue / Number
2
Pages / Duration
237-254
Patent number
Publisher / Publishing institution
SAGE
Place of publication / Event location
London
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Abstract
We investigate trade fairs as markets. We combine literature on temporary clusters and that on the geography of markets and describe how the particular knowledge ecologies at trade fairs are enhanced by market devices. Our framework distinguishes the following three kinds of market devices: physical arrangements, judgement devices and prosthetic prices. Using this framework, we compare market constructions before, during and after three fairs for contemporary art in Basel. Our study presents the following findings. Firstly, the limited time and space at trade fairs lead to a proliferation of market devices. Secondly, different equipment with market devices leads to a hierarchy of fairs. Thirdly, trade fairs at the top of this hierarchy generate market devices for other temporary markets and thus contribute to the development of a uniform global market.
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ISBN
ISSN
1472-3409
0308-518X
0308-518X
Language
English
Created during FHNW affiliation
Yes
Strategic action fields FHNW
Publication status
Published
Review
Peer review of the complete publication
Open access category
Hybrid
License
Citation
Haisch, T., & Menzel, M.-P. (2023). Temporary markets: Market devices and processes of valuation at three Basel art fairs. Environment and Planning A: Economy and Space, 55(2), 237–254. https://doi.org/10.1177/0308518X221128309