Do Theatres Maximize Attendance or Revenue?

Andrea Baldin; Trine Bille

Do Theatres Maximize Attendance or Revenue?

Publikation: Andet › Udgivelser på nettet - Net-publikation › Formidling

Abstract

Most performing arts organizations are characterized by a complex array of objectives than merely the maximization of revenue. In this paper, we introduce a multi-objective optimization model that jointly considers pricing and seat allocation. The proposed model is validated with booking data referring to the Royal Danish theater during the period 2010–2015.

Originalsprog	Engelsk
Publikationsdato	20 nov. 2018
Status	Udgivet - 20 nov. 2018

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https://economiststalkart.org/2018/11/20/do-theaters-maximize-attendance-or-revenue-how-theater-can-use-pricing-and-seat-allocation-policy-to-achieve-their-objectives/Licens: Ikke-specificeret

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@misc{7e16319d2d3b4a1ebc1af348d93e1055,

title = "Do Theatres Maximize Attendance or Revenue?",

abstract = "Most performing arts organizations are characterized by a complex array of objectives than merely the maximization of revenue. In this paper, we introduce a multi-objective optimization model that jointly considers pricing and seat allocation. The proposed model is validated with booking data referring to the Royal Danish theater during the period 2010–2015.",

author = "Andrea Baldin and Trine Bille",

year = "2018",

month = nov,

day = "20",