|Should we see King Kong for $8, or The Ring 2 for $4?|
|Subject||movie theaters experiment with price discrimination|
|Topic||Monopolistic Competition, Monopoly, Supply and Demand|
|Key Words||Price discrimination, movies, theater chains.|
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Reference ID: A142075220
Fly on an airplane, and you can bet that you didn't pay the same airfare as the person sitting next to you. Go to a restaurant before 5:30, and pay an "early bird" reduced dinner price for the exact same meal that someone else will pay triple that price for at 7:30. Why shouldn't the same pricing strategy apply to moviegoers?
|Source||David Leonhardt. "Changes ahead for a theater near you." The New York Times15 February 2006. http://www.nytimes.com|
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