What the Data Tells Us: a Zao Wou-ki Case Study

Artnet's Zao Wou-ki data dump leaves a lot out of the story; The Wall Street Journal focuses on third-party guarantees just as they seem to be going out of fashion.

The Limits of Data in Understanding the Zao Wou-ki Market

Plot of Zao Wou-Ki’s annual sales totals. © artnet Price Database 2019

Last week’s newsletter about the use of machine learning to predict auction prices struck a bit of a nerve. One thing we failed to mention in that essay that seems of utmost relevance to this week’s auctions is that past pricing…

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