Art Value Creation and Destruction

Abstract

I present a theory of creative and destructive value state referring to abstract art. Value is a probabilistic state held as a mixture of its expectation and information forces that coexist in a give-and-take relationship. Expectations are driven by the disclosure of novel information about the value state of various events of desire. Each bit of accumulated information contributes to the improvement of perception up to a threshold level, beyond which begin conscious states. The desire to disclose a value state triggers a triadic system of evaluation which uses concepts, observables and approaches. While the triadic valuation mechanisms can be used to assess various commodities, the scope of this work is limited to the case of artworks, in particular abstract paintings. I assume that art value is basically mediated by the interplay between these value state mechanisms of creation and destruction. Expectations in artwork develop attraction by challenging its contemplator to evaluate (predict) its meaning. Once the relevant information, corresponding to its creative expectations, is acquired (and conditioned), emotional states of indifference, disinterest and desensitization develop.

Keywords: Abstract paintings; Desensitization; Expectation; Value.