A Night at the Opera
This paper considers how the behaviour of the two London opera houses differs from profit-maximisation, possibly in response to the high level of government funding and private donations. The opera houses put on more innovative and artistically rewarding operas than would be the case with profit-maximisation. They also have clear access policies in offering low-price and discounted tickets.
Year of publication: |
2001
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Authors: | Frank, Jeff ; Wrigley, Philip |
Published in: |
World Economics. - World Economics, Economic & Financial Publishing, 1 Ivory Square, Plantation Wharf, London, United Kingdom, SW11 3UE. - Vol. 2.2001, 3, p. 167-176
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Publisher: |
World Economics, Economic & Financial Publishing, 1 Ivory Square, Plantation Wharf, London, United Kingdom, SW11 3UE |
Saved in:
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