For items that require expert attestation, selfish behavior will increase the cost of message delivery, but without such an increase in costs, those items will not be valuable.
"Dream of Red Mansions" is an encyclopedia of Chinese feudal society's economic and cultural culture. The cultural trading behavior of a group of Qingliu Yashi described in the book has become a vivid record of the burgeoning capitalism in the late Ming and early Qing dynasties. Let us roughly glimpse the development of the cultural art market. The historical process of evolution.
In the "Dream of Red Mansions", there are Feng Ziying, Leng Zixing, Zhan Guang, single hires, etc. They may rent rent in the huge capital market of Jiafu, or use Jia's fame and deep personal connections, or constantly enlarge And to reduce the transaction information of antiques and art, and to seek economic benefits from it, today is still allegorical and critical. For example, the daughter-in-law of the Jiafu servant Zhou Ruizhi (Mrs. Wang accompanying the house) is an antique dealer. His acquisition of antiques requires the use of a lot of silver. For this, he has repeatedly visited Wang Xifeng’s door. She, because of the sale of antiques, provoked the lawsuit and asked her mother-in-law "Zhou Ruijia" to find Jia Xi's big butler Wang Xifeng. It can be clearly seen that doing antique business requires strong capital. In the early Qing Dynasty, there was no banking industry. Large wealthy households like Jiafu were easily targeted by antique dealers. It is normal for the two to use each other and profit from each other. Wang Xifeng is a predator of capital operation. In the "black box" of her capital operation, she recorded the "Antique Deal". There are also many fakes in the calligraphy and paintings of the calligraphy and painting merchant Cheng Rixing. In the twelfth round of the book, it was written that Xue Yu brags the Jia Baoyu, saying that in Cheng Rixing, there are many paintings of the "Tang Yu" (Xue Yu's "Geng Huang"), which makes Jia Baoyu suspicious. What is Xue Yi, Cheng Rixing does not know. But he is the grandson of Xuemen. There are "official second generation", "rich second generation" and Bai Fumei, and these people love chasing calligraphy and painting, arty and elegant, and not bad money. At this point, it is not difficult to understand why Xue Gongzi wants to brag in front of Baoyu. Cheng Rixing is treating Jia Baoyu as his "childcare". In the era of "Dream of Red Mansions", the calligraphy and painting market has not yet been fully rolled out. There are only some transactions in some big cities such as Beijing and the upper class, and there are no intermediary organizations and institutions. The right people like Xue Wei are not so good. Looking for awkwardness. The development and formation of the art market is inseparable from intermediaries, third parties, and of course, authoritative individuals, appraisers, evaluation agencies, and trading venues. However, the era of "Dream of Red Mansions" is only "a glimpse of the scenery."
There is also a typical example of "the leak" in "Dream of Red Mansions". It is that Leng Zixing has made a big profit from Liu Wei’s son-in-law Wang Yao’s hand--he only got a little value with a little silver. Silver kiln multicolored mud gold teacup. Wang Dog is an uninformed mud leg in the wilderness. Leng Zixing is actually a person with a hand-eye. It is this huge asymmetry of "transaction information" that has this bizarre, no Fair trade. The famous economist Zhang Wuchang once sighed on the jade jade trade: "We must understand that there is not a large number of experts, there will not be a huge jade jade market that everyone sees today, and there will not be so many ladies dressed up in the city, nor will they So many gentlemen look so happy. Concealing information is profitable and is a major reason for the emergence of art experts."
Zhang Wuchang thus reveals the "Jade Law": articles that require expert attestation, selfish behavior will increase the cost of message transmission, but without such an increase in costs, those items will not be valuable. This law clearly shows that if jade wants to sell a good price, it must naturally have three major factors: market, jade experts and businessmen.
At the beginning of the Qing Dynasty, it was a closed and self-sufficient natural economic society. Agricultural civilization and farming culture prevailed. Where did the folks have any antique market, and there were fewer antique buyers. Because of the high-level trading needs, they came into being like this. These "experts" such as Leng Zixing and Cheng Rixing.
In theory, the art market relies on commercial intermediaries to connect producers (holders) and consumers. Commercial intermediaries are also art business operators. Their behavioral patterns and operational status are important factors influencing the art market. They transfer the ownership of art and complete the trade of art goods. Through the exchange of economic methods, realize the cultural value of the art itself. .
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