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Contribution Details

Type Working Paper
Scope Discipline-based scholarship
Title Pay as you go: a new proposal for museum pricing
Organization Unit
Authors
  • Bruno Frey
  • Lasse Steiner
Language
  • English
Institution University of Zurich
Series Name Working paper series / Institute for Empirical Research in Economics
Number No. 485
ISSN 1424-0459
Date 2010
Abstract Text Museums have many different goals beyond efficiency such as social equity, financial revenue, attracting donors and gaining international, regional or local prestige. Various pricing schemes are being discussed with the aim of reaching these goals. Thenclassical ones are entry prices and free entry. The museum club solution or exit donationsnallow for various additional goals. Each scheme has clear advantages and disadvantages.nWe propose an innovative pricing instrument: Exit prices, which are charged according to the time spent in a museum. This scheme has a number of notable advantages, in particular the better choice available to the visitors, which increases their satisfaction.
Official URL http://www.econ.uzh.ch/wp.html
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