'If I can set my own price for tonight's show I will pay more after watching it!' – evidence from Pay What You Want experiment. Issue 19 (11th November 2018)

• Record Type: Journal Article
• Authors: Kukla-Gryz, Anna; Zagórska, Katarzyna
• Is Part Of: Applied economics letters. Volume 25:Issue 19(2018)
• Page Start: 1398
• Page End: 1401
• Publication Date: 2018-11-11
• Subjects: Pay What You Want -- cultural goods -- uncertainty -- experience goods; Z19 -- C93; Economics -- Periodicals; Economics, Mathematical -- Periodicals; 330
• DOI: 10.1080/13504851.2017.1422593
• Languages: English
• ISSNs: 1350-4851

Abstract

ABSTRACT: In a field experiment conducted in cooperation with city theatres in Warsaw, we allowed some of the visitors to pay whatever they wanted for the tickets. Half of these visitors were asked randomly to make a voluntary payment after (instead of before) the performance. We found a significant positive difference between payments made after and before the show. In a specially designed survey we capture factors that may potentially explain this difference: the visitors' general expectations towards the performance and different aspects of the audience experience.