Price Discrimination in the Concert Industry

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dc.contributor.authorCOURTY, Pascal
dc.contributor.authorPAGLIERO, Mario
dc.date.accessioned2009-02-19T15:33:57Z
dc.date.available2009-02-19T15:33:57Z
dc.date.issued2009
dc.description.abstractConcert tickets can either be sold at a single price or at different prices to reflect the various levels of seating categories available. Here we consider how two product characteristics (the artist’s age and venue capacity) influence the likelihood that pop music concert tickets will be sold at different prices. We argue that valuation heterogeneity, and thus the returns to using price discrimination, are higher for older artists and in larger venues. We test this hypothesis in a large dataset of concerts. By singling out variations in the two characteristics that are exogenous to the decision to price discriminate, we show that these characteristics have a large and significant impact on the use of price discrimination.en
dc.format.mimetypeapplication/pdf
dc.identifier.issn1725-6704
dc.identifier.urihttps://hdl.handle.net/1814/10673
dc.language.isoenen
dc.neeo.contributorCOURTY|Pascal|aut|EUI70003
dc.neeo.contributorPAGLIERO|Mario|aut|
dc.publisherEuropean University Institute
dc.relation.ispartofseriesEUI ECOen
dc.relation.ispartofseries2009/05en
dc.rightsinfo:eu-repo/semantics/openAccess
dc.subjectPrice discriminationen
dc.subjectSecond degree priceen
dc.subjectDiscriminationen
dc.subjectProfit maximizationen
dc.subjectD42en
dc.subjectL82en
dc.subjectZ11en
dc.titlePrice Discrimination in the Concert Industryen
dc.typeWorking Paperen
dspace.entity.typePublication
eui.subscribe.skiptrue
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