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changes in prices on attendance. This project is conducted conjointly with the Perm Tchaikovsky Opera and Ballet Theater. Data … disaggregated to the level of the seating area and performance and consist of the attendance rate, the set of prices and the … performance characteristics. The research explores the determinants of demand using a censored quantile regression which accounts …
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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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