This paper studies behavior patterns among theater attendees in the process of ticket purchasing. Since the theater attempts to balance between a high occupancy and affordable prices, the purpose of the study is to reveal the effects of changes in prices on attendance. This project is conducted...

Many economic applications, including optimal pricing and inventory management, require predictions of demand based on sales data and the estimation of the reaction of sales to price change. There is a wide range of econometric approaches used to correct biases in the estimates of demand...

Theatrical productions are perishable goods, since the tickets for a particular play cannot be inventoried and sold after the time of the play. In the revenue management of a perishable good, price discrimination is widely used. Since the theatre audience is heterogeneous in terms of visit...

This paper analyzes the mortgage borrowing process from a Russian state-owned supplier of residential housing mortgages concentrating on the estimation of demand function with heterogeneous borrowers' preferences. Analysis takes into account the underwriting process and the choice of contract...

The present study analyzes Perm, Russia residential housing market supply focusing on sellers' heterogeneity. Many indicators of heterogeneity were considered in the previous research, and all of them were proved to have a great impact on housing prices and time on the market. However, the gap...

In this research we analyze new approach for prediction of demand. In the studied market of performing arts the observed demand is limited by capacity of the house. Then one needs to account for demand censorship to obtain unbiased estimates of demand function parameters. The presence of...

Film industry has been under investigation from social scientists for the last 30 years. A lot of the work has been dedicated to the analysis of the sequel effect on film revenue. The current paper employs data on wide releases in the US from 2010 to 2014 and provides a new look at sequel return...

This paper investigates the distribution of relative credit losses given mortgage default for loans provided by a major government-sponsored creditor in a local area. We use borrower's individual and loan-level data on residential mortgages originated in the period 2008–2012. Our numerical...

This paper analyzes the mortgage borrowing process from a Russian state-owned provider of residential housing mortgages concentrating on the choice of having government insurance. This analysis takes into account the underwriting process and the choice of loan limit by the bank, the choice of...