Posted Mar 24, 2009, 7:54 AM
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Yellow Fever
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Join Date: Dec 2007
Posts: 506
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Quote:
Originally Posted by mrjauk
Actually, there are a lot of reasons. It's the same reason why the Montreal Canadiens' management have stated that if they were given another chance, they would have built their new arena to seat a few thousand fewer than the 22,000+ they seat right now.
They maintain this position despite the fact that the arena is full every night. So why would they do this?
It's about creating/manipulating supply, which then has an impact on demand.
Think about the behavioral economics aspect of a potential ticket buyers' decision to attend a match/game in two different situations:
1) Knowing that s/he can just walk up to the ticket window at game-time and grab one of the remaining 5 or 6 thousand seats,
versus
2) Having to purchase weeks in advance in order to assure that one can attend the event.
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Interesting logic.
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