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theatrical performances publicly, the theater lobby posses the majority to push down the ticket price below the efficient one … both, diminishing average costs and congestion, and indicate inefficiently low ticket prices. The public theater sector as …
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under the influence of a selfish theater lobby maximizes only the welfare of the spectators. Such an equilibrium …
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under the influence of a selfish theater lobby maximizes only the welfare of the spectators. Such an equilibrium …
Persistent link: https://www.econbiz.de/10010296236
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In recent years the economic performance of public non-profit sectors such as cultural services has become an interesting economic issue. This is due to the high dependence of cultural institutions on public funding on the one hand and the increasing cost-pressure on public budgets on the other...
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