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A Night at the Opera

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  • Jeff Frank
  • Philip Wrigley

Abstract

This paper considers how the behaviour of the two London opera houses differs from profit-maximisation, possibly in response to the high level of government funding and private donations. The opera houses put on more innovative and artistically rewarding operas than would be the case with profit-maximisation. They also have clear access policies in offering low-price and discounted tickets.

Suggested Citation

  • Jeff Frank & Philip Wrigley, 2001. "A Night at the Opera," World Economics, World Economics, 1 Ivory Square, Plantation Wharf, London, United Kingdom, SW11 3UE, vol. 2(3), pages 167-176, July.
  • Handle: RePEc:wej:wldecn:71
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    File URL: https://www.worldeconomics.com/Journal/Papers/Article.details?ID=71
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    Cited by:

    1. Anastasios Xepapadeas & Dimitra Vouvaki, 2005. "Criteria for Assessing Sustainable Development: Theoretical Issues and Empirical Evidence for the Case of Greece," Working Papers 2005.59, Fondazione Eni Enrico Mattei.
    2. William Brock & Anastasios Xepapadeas, 2004. "Ecosystem Management in Models of Antagonistic Species Coevolution," Working Papers 0503, University of Crete, Department of Economics.

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