The Analysis Of Agency's Behavior Of The Art Industries

The culture industries appear more and more important during the development of the society and economy in the world today. The core of culture industries is art industries. To study the rules inside art industries is meaningful to understanding the economy and culture above world by the economics analysis. The key aspect of art industries is the uncertainty of both side of trade. On one side, the purchaser can hardly evaluate the quality of an art objects before exchanging. One the barganor side, the artists are not able even unwilling to forecast the quality of his creative work. So the difference between the art goods market and common one is the we have to face the problem of "symmetrical ignorance" instead of the "asymmetric information". This point requires we must import the third side besides the seller and buyer, the agency, as the collector of information, and by that time it is possible to set up a market of art goods with efficiency. Here the tool of information economics was induced to recompose the model of Lemon Market, the new model implies it is very important there should be a middleman, whose utility function would at last lead not only his behavior but also all the other players' in that game to an equilibrium.