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3 - Price
Amy Whitaker, New York University
Book:

Economics of Visual Art

Published online:

23 July 2021

Print publication:

12 August 2021, pp 77-101
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Summary

Pricing in the arts is peculiar and opaque. Pricing for works of art is very different from pricing for museum tickets and other interchangeable goods. We consider price elasticity of demand, meaning customer sensitivity to a change in price, especially considering a ticket-pricing change at the Indianapolis Museum of Art. We consider price discrimination, the strategy of charging different prices to different groups of people. We consider other variations on pricing structure including bundling, two-part tariffs, and versioning. For pricing works of art, the method of pricing is, following from Velthuis’s work, largely sociological and best modeled as a set of scripts.

Part XXVII - Shakespeare and the Visual Arts
- By Stuart Sillars
Edited by Bruce R. Smith, University of Southern California
Edited in association with Katherine Rowe, Smith College, Massachusetts
With Ton Hoenselaars, Universiteit Utrecht, The Netherlands, Akiko Kusunoki, Andrew Murphy, Trinity College Dublin, Aimara da Cunha Resende, Universidade Federal de Minas Gerais, Brazil
Book:

The Cambridge Guide to the Worlds of Shakespeare

Published online:

17 August 2019

Print publication:

21 January 2016, pp 1861-1906
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Part XXIV - Shakespeare and the Book
- By Georgianna Ziegler
Edited by Bruce R. Smith, University of Southern California
Edited in association with Katherine Rowe, Smith College, Massachusetts
With Ton Hoenselaars, Universiteit Utrecht, The Netherlands, Akiko Kusunoki, Andrew Murphy, Trinity College Dublin, Aimara da Cunha Resende, Universidade Federal de Minas Gerais, Brazil
Book:

The Cambridge Guide to the Worlds of Shakespeare

Published online:

17 August 2019

Print publication:

21 January 2016, pp 1661-1728
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261 - Book Illustrations
from Part XXVII - Shakespeare and the Visual Arts
- By Erin C. Blake
Edited by Bruce R. Smith, University of Southern California
Edited in association with Katherine Rowe, Smith College, Massachusetts
With Ton Hoenselaars, Universiteit Utrecht, The Netherlands, Akiko Kusunoki, Andrew Murphy, Trinity College Dublin, Aimara da Cunha Resende, Universidade Federal de Minas Gerais, Brazil
Book:

The Cambridge Guide to the Worlds of Shakespeare

Published online:

17 August 2019

Print publication:

21 January 2016, pp 1873-1879
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