Demand for Ballet: A Non-Parametric Analysis of the 1995 Royal Ballet Summer Season |
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| Authors: | Jörg Schimmelpfennig |
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| Institution: | (1) Department of Economics, Universität Osnabrück, D-49069 Osnabrück, Germany |
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| Abstract: | Attendance figures for individual seat categories during the 1995 Royal Ballet Summer Season are analysed using a non-parametric median technique. For three out of five categories, demand for full-length ballet turns out to be significantly downward-sloping. The (point) estimates suggest that during the period of observation substantial margins for price cuts existed which would have increased both attendance and revenue. |
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| Keywords: | demand for ballet performances pricing policies in the performing arts non-parametric statistics |
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