, existing brands can face a larger demand for new products than new entrants. Moreover, the failure of new products can reduce … the demand for a brand's existing products even if the quality of these existing products is well understood by consumers …

, existing brands can face a larger demand for new products than new entrants. Moreover, the failure of new products can reduce … the demand for a brand's existing products even if the quality of these existing products is well understood by consumers …

While audience and participation surveys, as well as econometric demand studies, generally confirm that performing arts … are examined. Price inelastic demand is more likely the result of low pricing strategies of non-profit arts managements …, even within the performing arts. Arts demand cannot adequately be estimated without also considering “life-style” variables …