performance characteristics. The research explores the determinants of demand using a censored quantile regression which accounts … demand function and show that the aggregated demand is elastic by price, at the same time the elasticity varies across … different seating areas. Moreover, demand for the more popular seats and performances is less elastic …

In empirical demand, industrial organization, and labor economics, prices are often unobserved or unobservable since …-consistent demand analysis remains feasible in the presence of partially observed prices, and hence partially observed implied budget …