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Price discrimination and timing
Publishers delay the release of paperback versions of books as a means of price discrimination. ‘Strong’ customer markets pay the premium price for the immediately available hardcover, while ‘weak’...
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Efficiency in Fund Raising – A Technical Note
The National Center for Arts Research has released its report on The State of the Arts – a compendium of data and what I call ‘kitchen sink’ regressions (i.e. looking for statistical relationships by...
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Pay-what-you-decide at the theatre
The Stage News reports on a trial run of pay-what-you-decide pricing at the regional theatre in Stockton, UK: The Pay What You Decide system is now in effect for all theatre productions at the arts...
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Dynamic pricing and market segmentation at the theatre (and the hospital)
This post is about theatre pricing, from a unlikely source. Today’s New York Times has a piece by Austin Frakt on hospital pricing, and whether and how changes in funding of patients through public...
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Metrics at the museum
The Washington Post‘s Philip Kennicott decided to try visiting the popular Kusama exhibit at the Hirshhorn not as a critic, with all its special viewing privileges, but as an ordinary member of the...
View ArticleVoting for arts funding – a short video
We are making the adjustment to teaching arts policy at a distance for the remainder of the semester, and so I’m about to get used to (and hopefully better at) short videos for students,...
View ArticleEconomic Impact: A Quick and Dirty Critique
Teaching arts policy this fall, I needed a two-page briefing to warn my students off using economic impact studies as an arts advocacy tool. Here’s the result: What is an Economic Impact Study?...
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What are Learning Outcomes For?
‘Bitzer,’ said Thomas Gradgrind. ‘Your definition of a horse.’ ‘Quadruped. Graminivorous. Forty teeth, namely twenty-four grinders, four eye-teeth, and twelve incisive. Sheds coat in the spring; in...
View ArticleDo we know how changing prices affects the income-diversity of audiences?
In the very first few weeks of Econ 101 students are introduced to the “demand curve”, relating how changes to the price of a product affect the quantity demanded of the product, all other things held...
View ArticleAbout that French Culture Pass…
The French government had the idea to give teenagers a 300 Euro credit (through a phone app) to spend on “culture”. A few limits were placed upon it – a 100 Euro maximum on online subscriptions, and...
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