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In this research we analyze new approach for prediction of demand. In the studied market of performing arts the … observed demand is limited by capacity of the house. Then one needs to account for demand censorship to obtain unbiased … estimates of demand function parameters. The presence of consumer segments with different purposes of going to the theatre and …
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Theatrical productions are supposed to be perishable good, since the tickets for a particular play cannot be inventoried and sold after a time of play. In the revenue management of a perishable good price discrimination is widely used. Since the theatre audience is heterogeneous in terms of...
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Theatrical productions are perishable goods, since the tickets for a particular play cannot be inventoried and sold after the time of the play. In the revenue management of a perishable good, price discrimination is widely used. Since the theatre audience is heterogeneous in terms of visit...
Persistent link: https://www.econbiz.de/10014111838