A Night at the Opera: Subsidies, prices and repertoire at London’s opera houses

Jefferson Frank, Philip Wrigley

Research output: Contribution to journalArticlepeer-review


This paper considers how the behaviour of the two London opera houses differs from profit-maximisation, possibly in response to the high level of government funding and private donations. The opera houses put on more innovative and artistically rewarding operas than would be the case with profit-maximisation. They also have clear access policies in offering low-price and discounted tickets.
Original languageEnglish
Number of pages10
JournalThe World Economics Journal
Publication statusPublished - Sept 2001

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