Entry and pricing on Broadway

被引:0
作者
Jaworski, Taylor [1 ]
Jones, Maggie E. C. [1 ]
Samano, Mario [2 ]
机构
[1] Queens Univ, Dept Econ, Kingston, ON, Canada
[2] HEC Montreal, Dept Appl Econ, 3000 Ch Cote St Catherine, Montreal, PQ H3T 2A7, Canada
关键词
Entry accommodation; Broadway; event study; quantile regression; COMPETITION; AIRLINES;
D O I
10.1080/13504851.2017.1355531
中图分类号
F [经济];
学科分类号
02 ;
摘要
This article investigates the pricing decisions of Broadway shows. We find evidence that incumbent Broadway shows lower prices several weeks prior to the opening of a new show. In addition, prices are lower when the threat of competition, due to more entrants, is larger. A decomposition suggests that prices are more important than quantities for changes in revenue prior to entry and that this pattern reverses after entry occurs.
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收藏
页码:653 / 658
页数:6
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