A test of monopoly price dispersion under demand uncertainty |
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Authors: | Brad R Humphreys Brian P Soebbing |
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Institution: | a 8-14 Tory, University of Alberta, Edmonton, Alberta, T6G 2H4, Canadab 112 Huey Long Fieldhouse, Louisiana State University, Baton Rouge, LA, 70803, United States |
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Abstract: | A test of the predictions of Dana’s (2001) model of monopoly price dispersion under demand uncertainty using ticket price data from Major League Baseball shows that ticket price dispersion changes systematically with demand uncertainty, verifying the predictions of the model. |
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Keywords: | D42 L12 L83 |
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