Cheap Tuesdays and the demand for cinema

@inproceedings{Roos2014CheapTA,
  title={Cheap Tuesdays and the demand for cinema},
  author={Nicholas de Roos and Jordi McKenzie},
  year={2014}
}
Many movie markets are characterised by extensive uniform pricing practices, hampering the ability to estimate price elasticities of demand. Australia presents a rare exception, with most cinemas offering cheap Tuesday ticket prices. We exploit this feature to estimate a random coefficients discrete choice model of demand for the Sydney region in 2007. We harness an extensive set of film, cinema, and time-dependent characteristics to build a rich demand system. Our results are consistent with a… CONTINUE READING
BETA

Similar Papers

References

Publications referenced by this paper.
SHOWING 1-10 OF 15 REFERENCES

Uniform Prices for Differentiated Goods: The Case of the Movie-Theater Industry

Barak Orbach, Liran Einav
  • 2001
VIEW 7 EXCERPTS
HIGHLY INFLUENTIAL

We proceed in two stages

Our method for dealing with our film fixed effects fol Nevo
  • First, we obtain our GMM estimator, θ̂, by minimising G(θ) using equation (24). This requires removing from x any explanatory variables that are specific to each film and time invariant, and including a set of film indicator variables. We then perform an auxiliary regression of our film-fixed explan
  • 2001
VIEW 5 EXCERPTS
HIGHLY INFLUENTIAL

Cinema Demand In Germany

VIEW 2 EXCERPTS
HIGHLY INFLUENTIAL