Economic thoughts, theories and notes from an Economics Professor. Students in my classes can utilize this blog for the class.
Friday, November 24, 2006
Movie Ticket Pricing
Here is another explanation for why theatres do not charge variable pricing for movies (i.e. a higher ticket price for Spiderman and a lower price for Gigli). The answer, according to some research, is market power on the part of the distribution companies.
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