Friday, March 2, 2007

Some additional economic resources on the economics of concert tickets

Hi 07S6E,

Now that the presentation of ILP has been completed, I can let you view this very useful study done by Alan Kreuger of Princeton University on the "Economics of Rock concerts". This will of course be most useful to Sharon and the other girls who did this topic for their ILP.

You can see both the written report in pdf format as well as powerpoint slides used. The analysis uses more than just the usual demand and supply framework so don't worry too much if you do not understand parts of it, especially in the written report. Feel free to ask any questions you may have either in the comments here or personally after lessons, or even during lessons.

http://www.irs.princeton.edu/pubs/pdfs/484.pdf
This is the "written report"

http://www.krueger.princeton.edu/columbia.ppt
These are the slides used.

Regards,
Mr Tan

Kelvin Tan loves s6E. 12:06 PM