• Home
  • About
    • For What it’s Worth
    • Michael Rushton
    • Contact
  • AJBlogs
  • ArtsJournal

For What It's Worth

Michael Rushton on pricing the arts

You are here: Home / Archives for menu costs

Why Is Dynamic Pricing So Rarely Used?

February 28, 2013 by Michael Rushton 9 Comments

one price

As technology has come available that allows performing arts organizations to adjust prices in light of demand, the question has arisen: is it appropriate for nonprofit theaters to employ dynamic pricing? See here and here for example. Let's consider the issue from a different angle: why is dynamic pricing so rarely used in the for-profit sector? For example, at my local multiplex cinema, I will pay $5 for a weekday matinee, $7.50 for  weekday evening or weekend matinee, and $10 for a weekend evening. It doesn't matter whether the film I … [Read more...]

Michael Rushton

Michael Rushton teaches in the Arts Administration programs at Indiana University in Bloomington. An economist by training, he has published widely on such topics as public funding of the arts, copyright, nonprofit organizations and tax policy, and served as Co-Editor of the Journal of Cultural Economics. At IU he teaches Read More…

About For What It’s Worth

What’s the price? Everything has one; admission, subscriptions, memberships, special exhibitions, box seats, refreshments, souvenirs, and on and on – a full menu. What the price is matters. Generally, nonprofit arts organizations in the US receive about half of their revenue as “earned income,” and … [Read More...]

Archives

@RushtonIU

Tweets by @RushtonIU

Recent Comments

  • Ella Baff on Economic Impact: A Quick and Dirty Critique: “Dear Michael, if I may, I appreciate your Arts Journal article, “For What It’s Worth.” I have advised against economic…” Nov 18, 05:56
  • Coralie on A Policy for the Arts: The White Paper of 1965 (updated with a link): “https://action.labour.org.uk/page/-/blog%20images/policy_for_the_arts.pdf” May 19, 08:31
  • Jerry Yoshitomi on Voting for arts funding – a short video: “I was not able to download the PDF of your article on “voting for arts funding.” I am very much…” Mar 25, 16:08
  • Lance Davis on Voting for arts funding – a short video: “Thank you, Michael. Good to see it laid out so clearly.” Mar 25, 10:11
  • Richard Layman on The wealth tax and the museum: “Note that the “one economist” you cite is the same Tyler Cowan. Maybe you should have said “Elsewhere, Cowan argues…”” Nov 22, 03:47
Return to top of page

an ArtsJournal blog

This blog published under a Creative Commons license

Copyright © 2021 · Magazine Pro Theme on Genesis Framework · WordPress · Log in