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In this paper, we present a model in which the performing arts are modelled as congestible public goods. In accordance with empirical evidence, the production of seat capacity is assumed to be subject to fixed costs. We estimate the parameters of the model?s demand and cost functions using...
Persistent link: https://www.econbiz.de/10005082877
authority in terms of population is obtained where the increase in proprietary risks due to congestion meets the decrease in …
Persistent link: https://www.econbiz.de/10005082933