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injury log · 05-28-2007, 08:36 PM

Thanks for the explanation, redsoxford- the odd behaviour makes sense now.

And thanks, Nutlaw, for the quick reply and TT. Preferable to a ticket cap would be a corrected attendance/ticket price curve that works for extreme values. It appears that I'm guaranteed to sell at least 8-10% of my seats (at least when my fan interest is around 85/100) regardless of price, which means the model breaks down for ticket prices over about 10 to 12 times the average ticket price; revenue at these prices is guaranteed to exceed revenue at average price, and climbs linearly to infinity as you increase prices beyond that point.

05-28-2007, 08:36 PM	#7 (permalink)
injury log Hall Of Famer Join Date: Apr 2007 Location: Toronto Posts: 4,714 Thanks: 189 Thanked 499x in 258 posts	Thanks for the explanation, redsoxford- the odd behaviour makes sense now. And thanks, Nutlaw, for the quick reply and TT. Preferable to a ticket cap would be a corrected attendance/ticket price curve that works for extreme values. It appears that I'm guaranteed to sell at least 8-10% of my seats (at least when my fan interest is around 85/100) regardless of price, which means the model breaks down for ticket prices over about 10 to 12 times the average ticket price; revenue at these prices is guaranteed to exceed revenue at average price, and climbs linearly to infinity as you increase prices beyond that point.