Ticket pricing and the impression of excess demand
If willingness to pay depends on characteristics of other attendees, a monopolist will use a lineup as a screening mechanism only if a consumer's characteristic is inversely related to her cost of lining up. No capacity constraint is necessary.
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- DeSerpa, Allan C & Faith, Roger L, 1996. ""Bru-u-u-uce": The Simple Economics of Mob Goods," Public Choice, Springer, vol. 89(1-2), pages 77-91, October.
- Raymond J. Deneckere & R. Preston McAfee, 1996.
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Wiley Blackwell, vol. 5(2), pages 149-174, 06.
- Gary S. Becker, 1991.
"A Note on Restaurant Pricing and Other Examples of Social Influences on Price,"
University of Chicago - George G. Stigler Center for Study of Economy and State
67, Chicago - Center for Study of Economy and State.
- Becker, Gary S, 1991. "A Note on Restaurant Pricing and Other Examples of Social Influences on Price," Journal of Political Economy, University of Chicago Press, vol. 99(5), pages 1109-16, October.
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