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1 results

  • Chapter 14 - Valuation in the Market for High-End Audio: Hunting ‘Monsters’ in Analogue Discs

  • from Part III - Valuation
  • Edited by Susi Geiger, University College Dublin, Katy Mason, Lancaster University, Neil Pollock, University of Edinburgh, Philip Roscoe, University of St Andrews, Scotland, Annmarie Ryan, University of Limerick, Stefan Schwarzkopf, Copenhagen Business School, Pascale Trompette, Université de Grenoble
  • Book:
    Market Studies
    Published online:
    22 November 2024
    Print publication:
    21 November 2024, pp 222-236

  • Summary

    High-end audio systems aim to reproduce the original sound of music performed in physical spaces. They are an intersection of aesthetic art and emotions, a culture of listening to music in ones’ preferred genres and a system of components or machines that are designed by technologists of acoustics, electrical engineering and material science. There is an abundance of scientific research on sound and acoustics from engineering and physics that discusses the engineering of good sound on the basis of quantitative, parametric measures for the human cognition of listeners (Pinch and Bijserveld 2012; Powell 2010). There is a dearth of research on how hi-fi aficionados determine what really counts as ‘hi-fi’, however. This chapter empirically investigates the high-end audio equipment market. It applies perspectives from the pragmatist literature of valuation to probe the valuation practices of actors and agents using data from field interviews and observations, and archive and online documents.