The worst summer in 20 years, movie box office revenue from May to Labor Day in 2017 was 15% less than the same dates last year. The reason could be lower film quality. Or it could be Netflix and Amazon.…
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Why Hamilton Fights Bots
Hoping to control Hamilton’s ticket prices, the show’s producers are waging a war against the bots and scalpers that distort supply and demand.
The Economic Side of the Eclipse
Eclipse economics will range from small town business activity to surging airfares and from goats to productivity losses.
The Hollywood Gender Gap
Excluding Rey from its newest Star Wars Monopoly game, Hasbro added to a Hollywood gender gap described in a new study from USC Annenberg.
Why a Natural Monopoly is Good for Peak Power and the Super Flush
At the end of the last episode of M*A*S*H, during I Love Lucy commercials, after a popular BBC soap, we need a natural monopoly to satisfy peak demand.
An Elasticity Story: Stretching to Buy Hamilton Tickets
To understand the high prices supported by Hamilton ticket demand, we can look at the elasticity from four groups of theater goers.
Solving a National Parks Problem
After hiking the Appalachian Trail in record time, ultra-marathon runner Scott Jurek was cheered by friends, family and a film crew. At the top of Maine’s Mount Katahdin, they popped open a bottle of Champagne and celebrated his 46 day 8 hour 7 minute run.…
What Star Wars Can Teach Us About Success
Even as it celebrates its 40th birthday after a quiet 1977 debut, we cannot be sure of the reasons for Star Wars’s success.
The Economic Significance of Alcohol Consumption
While it is relatively easy to measure how much alcohol consumption varies among countries, identifying a direct economic impact is much tougher.
What Matt Damon Can Teach Us About Chinese FDI
The Great Wall is a man beats monsters movie. Set in medieval China, the film has Matt Damon stumbling upon China’s Great Wall just when they need him to conquer a horde of invading Tao Tei. From what I can…