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The fragility of artists' reputations from 1795 to 2020
Letian Zhang1, Mitali Banerjee2, Shinan Wang3
1Harvard Business School, Harvard University, Boston, MA 02163.
Abstract:
This study explores the longevity of artistic reputation. We empirically examine whether artists are more- or less-venerated after their death. We construct a massive historical corpus spanning 1795 to 2020 and build separate word-embedding models for each five-year period to examine how the reputations of over 3,300 famous artists-including painters, architects, composers, musicians, and writers-evolve after their death. We find that most artists gain their highest reputation right before their death, after which it declines, losing nearly one SD every century. This posthumous decline applies to artists in all domains, includes those who died young or unexpectedly, and contradicts the popular view that artists' reputations endure. Contrary to the Matthew effect, the reputational decline is the steepest for those who had the highest reputations while alive. Two mechanisms-artists' reduced visibility and the public's changing taste-are associated with much of the posthumous reputational decline. This study underscores the fragility of human reputation and shows how the collective memory of artists unfolds over time.
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