My research focuses on the economics of art and culture and more generally, industrial organization. I have published extensively in the field of the economics of the arts, with papers in top international journals including the American Economic Review, Management Science, the Journal of Economic Literature, the Rand Journal of Economics, and the Journal of Economic History, among others. I have written policy papers on Artist Resale Rights for the World Intellectual Property Organization (WIPO) and the UK Patent Office, and I am a former Editor of the Journal of Cultural Economics. I have also written a series of papers on the Fulton fish market, with publications in the Review of Economic Studies, the Journal of Economic Policy, and the Rand, among others.

PUBLISHED PAPERS: ART
PUBLISHED PAPERS: ART
"Death, Bereavement, and Creativity"
Management Science
2018
64(10): 4505-4514 (with Carl Lieberman)
PUBLISHED PAPERS: ART
"Taste Endures! The Rankings of Roger de Piles (†1709) and Three Centures of Art Prices"
Journal of Economic History
September 2013
73:765-790
PUBLISHED PAPERS: ART
"Fiddling with Value: Violins as an Investment?"
Economic Inquiry
2011
49: 1083-1097 (with P. Margolis).
PUBLISHED PAPERS: ART
"Immigrant Artists: Enrichment or Displacement?"
Journal of Economic Behavior and Organization
2021
191, 785-797 (with K. Borowiecki).
PUBLISHED PAPERS: ART
"Art Auctions"
Handbook of Cultural Economics
Ruth Towse and Trilce Navarrete (ed.) 3rd edition,
2020
(with O. Ashenfelter).
PUBLISHED PAPERS: ART
"Auction Guarantees for Works of Art"
Journal of Economic Behavior and Oranization
2017.
133 (2017): 303-312 (with Jon Hamilton).
PUBLISHED PAPERS: ART
"Pricing Color Intensity and Lightness in Contemporary Art Auctions"
Research in Economics
2016
70(3):412-420 (with Rachel Pownall).
PUBLISHED PAPERS: ART
"Sale Rates and Price Movements in Art Auctions"
American Economic Review Papers and Proceedings
May 2011
101:212-216 (with Orley Ashenfelter)
PUBLISHED PAPERS: ART
"Art Auctions"
A Handbook of Cultural Economics, (2nd Edition), Ruth Towse (ed.),  Edward Elgar
2011
19-28 (with Orley Ashenfelter)
PUBLISHED PAPERS: ART
Book Review: Don Thompson's The $12 Million Dollar Shark: The Curious Economics of Contemporary Art
Journal of Cultural Economics
2009
33, 233-237
PUBLISHED PAPERS: ART
“Anchoring Effects:  Evidence from Art Auctions”
American Economic Review
2009
99(3), 1027-1039 (with A. Beggs).
PUBLISHED PAPERS: ART
“Failure to Meet the Reserve Price:  The Impact on the Returns to Art”
Journal of Cultural Economics
2008
32, 301-320 (with A. Beggs)
PUBLISHED PAPERS: ART
“Art Auctions"
Handbook on  the Economics of Art and Culture, V. Ginsburgh and D. Throsby, (eds.)
2006
(with O. Ashenfelter).
PUBLISHED PAPERS: ART
“Anatomy of the Rise and Fall of a Price-Fixing Conspiracy:  Auctions  at Sotheby’s and Christie’s”
Journal of Competition Law and Economics
2005
1: 3-20 (with O. Ashenfelter).
PUBLISHED PAPERS: ART
"Auctions and the Price of Art"
Journal of Economic Literature
2003
41, 763-788 (with O. Ashenfelter)
PUBLISHED PAPERS: ART
“Declining Values and the Afternoon Effect: Evidence from Art Auctions”
Rand Journal of Economics
1997
23, 544-565 (with A. Beggs)
PUBLISHED PAPERS: GENERAL
PUBLISHED PAPERS: FISH
ARTIST RESALE RIGHTS
DATA
BOOKS
BOOKS
Krugman Wells Graddy, Essentials of Economics, Worth Publishers, 2010
ISBN-13: 978-1429218290
BOOKS
Krugman Wells Graddy, Economics, International Edition, Worth Publishers, 2007
ISBN 13: 978-0-7167-9956-6