Elena Stepanova

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I'm PhD student in economics. I'm interested in social networks. I work with empirical data and use network theory to show that social interactions have impact on market price formation. In my research I consider labor market for painters in Baroque Rome as a social network. The dataset on primary sales of paintings and its matched painter-patron nature allows to build the network and to study the influence of social interactions on the price of artworks (in particular, artist position in the network represents his reputation in the art world, while patron position in the network, in a sense, reflects his willingness to pay for artworks).