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Michael Rushton on pricing the arts

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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 taught in the Arts Administration programs at Indiana University, and lives in Bloomington. An economist by training, he has published widely on such topics as public funding of the … 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...]

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Recent Comments

  • Michael Rushton on What should we teach future arts administrators and where should we teach it?: “Thank you Joan. Maybe in some cases – but often I think it is just something decided in a distant…” Nov 30, 13:06
  • Joan Jeffri on What should we teach future arts administrators and where should we teach it?: “Interesting discussion. No matter what school or what intellectual focus, the reality is that arts administration programs are in so…” Nov 30, 11:10
  • Michael Rushton on What should we teach future arts administrators and where should we teach it?: “Here is a link to the piece I wrote on the tax code: https://www.artsjournal.com/worth/2023/07/producing-and-exhibiting-arts-as-a-nonprofit-entity-is-a-qualified-tax-exempt-activity/ I know this is an ongoing…” Nov 28, 09:06
  • antonio c. cuyler on What should we teach future arts administrators and where should we teach it?: “Which American courts and cases? I’d appreciate learning for my own edification. And as the current legal apparatus in the…” Nov 27, 12:04
  • Michael Rushton on What should we teach future arts administrators and where should we teach it?: “Thank you antonio. Yes, some Arts Admin masters do go on to get a PhD, but in my experience it…” Nov 26, 12:10
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