A New Age of Demand-Based Pricing: An Examination of Dynamic Ticket Pricing and Secondary Market Prices in Major League Baseball

2012 ◽  
Vol 26 (6) ◽  
pp. 532-546 ◽  
Author(s):  
Stephen L. Shapiro ◽  
Joris Drayer
Keyword(s):  
San Francisco ◽  
Secondary Market ◽  
Market Prices ◽  
Ticket Price ◽  
Ticket Pricing ◽  
Dynamic Ticket Pricing ◽  
Ticket Prices ◽  
Changes Over Time ◽  
Price Differences ◽  
The Relationship

In 2010, the San Francisco Giants became the first professional team to implement a comprehensive demand-based ticket pricing strategy called dynamic ticket pricing (DTP). In an effort to understand DTP as a price setting strategy, the current investigation explored Giants’ ticket prices during the 2010 season. First, the relationship between fixed ticket prices, dynamic ticket prices, and secondary market ticket prices for comparable seats were examined. In addition, seat location and price changes over time were examined to identify potential effects on ticket price in the primary and secondary market. Giants’ ticket price data were collected for various games throughout the 2010 season. A purposive selection of 12 games, which included (N= 1,316) ticket price observations, were chosen in an effort to include a multitude of game settings. Two ANOVA models were developed to examine price differences based on pricing structure, market, section, and time. Findings showed significant differences between fixed ticket prices, dynamic ticket prices, and secondary market ticket prices, with fixed ticket prices on the low end and secondary market ticket prices on the high end of the pricing spectrum. Furthermore, time was found to have a significant influence on ticket price; however, the influence of time varied by market and seat location. These findings are discussed and both theoretical and practical implications are considered.

scholarly journals Variable Ticket Pricing in Major League Baseball

2007 ◽  
Vol 21 (3) ◽  
pp. 407-437 ◽  
Author(s):  
Daniel A. Rascher ◽  
Chad D. McEvoy ◽  
Mark S. Nagel ◽  
Matthew T. Brown
Keyword(s):  
San Francisco ◽  
Major League Baseball ◽  
Sport Organizations ◽  
Ticket Pricing ◽  
Price Increases ◽  
Special Events ◽  
Variable Pricing ◽  
Major League ◽  
Sport Teams ◽  
Ticket Prices

Sport teams historically have been reluctant to change ticket prices during the season. Recently, however, numerous sport organizations have implemented variable ticket pricing in an effort to maximize revenues. In Major League Baseball variable pricing results in ticket price increases or decreases depending on factors such as quality of the opponent, day of the week, month of the year, and for special events such as opening day, Memorial Day, and Independence Day. Using censored regression and elasticity analysis, this article demonstrates that variable pricing would have yielded approximately $590,000 per year in additional ticket revenue for each major league team in 1996, ceteris paribus. Accounting for capacity constraints, this amounts to only about a 2.8% increase above what occurs when prices are not varied. For the 1996 season, the largest revenue gain would have been the Cleveland Indians, who would have generated an extra $1.4 million in revenue. The largest percentage revenue gain would have been the San Francisco Giants. The Giants would have seen an estimated 6.7% increase in revenue had they used optimal variable pricing.

On the Demand for Live Sport Contests: Insights From the Secondary Market for National Football League Tickets

2016 ◽  
Vol 30 (1) ◽  
pp. 82-94 ◽  
Author(s):  
Mark A. Diehl ◽  
Joris Drayer ◽  
Joel G. Maxcy
Keyword(s):  
National Football League ◽  
Secondary Market ◽  
Comprehensive Investigation ◽  
Market Prices ◽  
Ticket Prices ◽  
Uncertainty Of Outcome ◽  
Resale Market

This study examines the determinants of regular season National Football League (NFL) ticket prices on the secondary, or resale, market. Prices in the secondary market are dynamic and thus particularly useful for evaluating the demand for live NFL contests. A rich dataset is employed that contains information about all transactions conducted by a prominent ticketing site during a full NFL season and allows for a comprehensive investigation of the components of demand in this market. Included in the analysis is a first look at the demand for different seating locations within the stadium. The revealed determinants of demand for resale tickets were largely consistent with studies of the primary market; however, there are notable differences in spectators’ preferences for contest characteristics and uncertainty of outcome across the seating categories. The evidence also suggests that while hometown fans are the primary participants, visiting teams are likely active in the resale market.

scholarly journals Relationship between Changes over Time in Factors, Including the Impact of Meteorology on Photochemical Oxidant Concentration and Causative Atmospheric Pollutants in Kawasaki

Atmosphere ◽  
2021 ◽  
Vol 12 (4) ◽  
pp. 446
Author(s):  
Akinori Fukunaga ◽  
Takaharu Sato ◽  
Kazuki Fujita ◽  
Daisuke Yamada ◽  
Shinya Ishida ◽  
...  
Keyword(s):  
Moving Average ◽  
Atmospheric Pollutants ◽  
Important Indicator ◽  
Photochemical Oxidant ◽  
Oxidant Concentration ◽  
Using Data ◽  
Changes Over Time ◽  
The Impact ◽  
The Relationship ◽  
The City

To clarify the relationship between changes in photochemical oxidants’ (Ox) concentrations and their precursors in Kawasaki, a series of analyses were conducted using data on Ox, their precursors, nitrogen oxides (NOx) and volatile organic compounds (VOCs), and meteorology that had been monitored throughout the city of Kawasaki for 30 years from 1990 to 2019. The trend in air temperature was upward, wind speed was downward, and solar radiation was upward, indicating an increasing trend in meteorological factors in which Ox concentrations tend to be higher. Between 1990 and 2013, the annual average Ox increased throughout Kawasaki and remained flat after that. The three-year moving average of the daily peak increased until 2015, and after that, it exhibited a slight decline. The amount of generated Ox is another important indicator. To evaluate this, a new indicator, the daytime production of photochemical oxidant (DPOx), was proposed. DPOx is defined by daytime averaged Ox concentrations less the previous day’s nighttime averaged Ox concentrations. The trend in DPOx from April to October has been decreasing since around 2006, and it was found that this indicator reflects the impact of reducing emissions of NOx and VOCs in Kawasaki.

Is Chronic Lung Disease in Low Birth Weight Infants Preventable? A Survey of Eight Centers

PEDIATRICS ◽  
1987 ◽  
Vol 79 (1) ◽  
pp. 26-30 ◽  
Author(s):  
Mary Ellen Avery ◽  
William H. Tooley ◽  
Jacob B. Keller ◽  
Suzanne S. Hurd ◽  
M. Heather Bryan ◽  
...  
Keyword(s):  
Birth Weight ◽  
Low Birth Weight ◽  
Lung Disease ◽  
San Francisco ◽  
Chronic Lung Disease ◽  
Multivariate Logistic Regression Analysis ◽  
Low Birth Weight Infants ◽  
Relationship Of ◽  
The Relationship ◽  
Prematurely Born Infants

Chronic lung disease in prematurely born infants, defined as the need for increased inspired oxygen at 28 days of age, was thought to be more common in some institutions than in others. To test this hypothesis, we surveyed the experience in the intensive care nurseries at Columbia and Vanderbilt Universities, the Universities of Texas at Dallas, Washington at Seattle, and California at San Francisco, the Brigham and Women's Hospital in Boston, Texas Children's Hospital in Houston, and Mt Sinai Hospital in Toronto. The survey included 1,625 infants with birth weights of 700 to 1,500 g. We confirmed the relationship of risk to low birth weight, white race, and male sex. Significant differences in the incidence of chronic lung disease were found between institutions even when birth weight, race, and sex were taken into consideration through a multivariate logistic regression analysis. Columbia had one of the best outcomes for low birth weight infants and the lowest incidence of chronic lung disease.

scholarly journals Commuter Response to Traffic Information on an Incident

1998 ◽  
Vol 1621 (1) ◽  
pp. 36-42 ◽  
Author(s):  
Ronald Koo ◽  
Youngbin Yim
Keyword(s):  
San Francisco ◽  
Travel Behavior ◽  
San Francisco Bay Area ◽  
Traffic Information ◽  
Behavior Changes ◽  
Bay Area ◽  
Telephone System ◽  
Changes Over Time ◽  
The Impact ◽  
Insight Into

How traffic information is obtained and how it affects travel behavior when a major freeway is congested are presented and discussed. Immediately following a major highway incident south of San Francisco that caused congestion, a telephone survey was conducted of commuters who use the affected corridor of the highway. The behavior of commuters before and during their commute at the time of the incident was determined, including obtaining traffic information and how the information influenced changes in route, mode of travel, and departure time. The results of the survey suggest that traveler behavior is largely unaffected by individual incidents of congestion. Furthermore, although a fair proportion of commuters do obtain traffic information, they do not often modify their travel behavior in response. This study is one of several that collectively will provide insight into how travel behavior changes over time and allow the authors to assess the impact of TravInfo Traveler Advisory Telephone System in the San Francisco Bay Area.

scholarly journals Simulated Fishing to Untangle Catchability and Availability in Fish Abundance Monitoring

2021 ◽  
Vol 19 (3) ◽  
Author(s):  
Vanessa Tobias ◽  
Keyword(s):  
San Francisco ◽  
Water Clarity ◽  
Ecological Monitoring ◽  
Monitoring Data ◽  
Delta Smelt ◽  
Individual Based Simulation ◽  
The Relationship ◽  
True Population

In fisheries monitoring, catch is assumed to be a product of fishing intensity, catchability, and availability, where availability is defined as the number or biomass of fish present and catchability refers to the relationship between catch rate and the true population. Ecological monitoring programs use catch per unit of effort (CPUE) to standardize catch and monitor changes in fish populations; however, CPUE is proportional to the portion of the population that is vulnerable to the type of gear used in sampling, which is not necessarily the entire population. Programs often deal with this problem by assuming that catchability is constant, but if catchability is not constant, it is not possible to separate the effects of catchability and population size using monitoring data alone. This study uses individual-based simulation to separate the effects of changing environmental conditions on catchability and availability in environmental monitoring data. The simulation combines a module for sampling conditions with a module for individual fish behavior to estimate the proportion of available fish that would escape from the sample. The method is applied to the case study of the well monitored fish species Delta Smelt (Hypomesus transpacificus) in the San Francisco Estuary, where it has been hypothesized that changing water clarity may affect catchability for long-term monitoring studies. Results of this study indicate that given constraints on Delta Smelt swimming ability, it is unlikely that the apparent declines in Delta Smelt abundance are the result of changing water clarity affecting catchability.

scholarly journals Principles of Good Faith in Harmonization of Partnership Cooperation on the Distribution of Nine Food Ingredients at PT Sarana PanganMadani, Pekanbaru City

2021 ◽  
Vol 2 (1) ◽  
pp. 388-397
Author(s):  
Yeni Triana ◽  
Handana
Keyword(s):  
Community Service ◽  
Agricultural Land ◽  
Limited Liability ◽  
Good Faith ◽  
Business Community ◽  
Market Prices ◽  
Food Ingredients ◽  
Limited Knowledge ◽  
The Difference ◽  
The Relationship

The problem of limited knowledge of partners about agreements or contracts in general, and in particular regarding the principle of good faith in business activities faced by business actors and company management, which generally consists of millennial youth, which can be said to be still lacking in understanding the principle of commitment well, as a guideline in carrying out the actions of a company, especially companies with legal entities, such as Limited Liability Companies, where PT Sarana PanganMadani, has established many partnerships, which of course must keep the relationship harmonious, sometimes the relationship is already running, due to limited knowledge, experience, there was a clash that would definitely hinder good relations, both parties, for example, at the beginning of the negotiation there was an agreement, which gave birth to a partnership to distribute the nine staples, but in its implementation, there were obstacles, which caused Due to the difference in prices, even though at the beginning of the negotiation the price was already agreed to, but there was a change, which was due to an increase in market prices or production prices, so that the price that was agreed upon earlier, of course changed, this change is a problem of misunderstanding between the two parties, according to Partners. PT Sarana PanganMadani, the company raised prices unilaterally, while from the PT stated that due to changes in market prices, this is one example which is a significant obstacle, resulting in inconsistencies in the development of partner businesses which are good business groups providing distribution of nine staples daily activities, as well as providing business capital to develop agricultural land, as well as services, ranging from basic materials to packaging ready to be marketed. In this community service program, the priority issue agreed upon by the PKM FH Unilak proposer together with his partner, PT Sarana PanganMadani, to be resolved is to provide understanding through legal counseling about the principles of good faith in cooperating with the business community. Thus, after the program is implemented, it is hoped that partners will gain a correct understanding and have knowledge of agreements or contracts in general, and in particular the principles of good faith in this partnership. The method that will be used in this community service is to use lectures that will be directly at the PT Sarana PanganMadani office.

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