"The valuation and appreciation of art. That research area was allocated a grant for Christophe Spaenjers by the Netherlands Organisation for Scientific Research, the NWO. This grant of 180.000 euros is one of the grants in the NWO Toptalent round of 2007. In September, Spaenjers will start his research project under supervision of Prof. Luc Renneboog (dept. Finance) as a PhD student, researching the evolution of returns and risk in art markets over 100 years."
Source: Tilburg FEB News (April 13, 2007)