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

来源：

APPLIED ECONOMICS LETTERS | 2018年 / 25卷 / 10期

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.

引用

页码：653 / 658

页数：6