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
收藏
页码：653 / 658
页数：6
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