The views expressed here are those of the individual authors and not necessarily those of the JSM sponsors, their officers, or their staff.
Online Program Home
Abstract Details
Activity Number:
|
78
|
Type:
|
Contributed
|
Date/Time:
|
Sunday, July 29, 2012 : 4:00 PM to 5:50 PM
|
Sponsor:
|
Business and Economic Statistics Section
|
Abstract - #305685 |
Title:
|
Bright Lights, Risky Business: A Longitudinal Study of Broadway Show Success
|
Author(s):
|
Lan Nygren*+ and Kjell Nygren and Jeffrey Simonoff
|
Companies:
|
Rider University and ImpactRx, Inc. and New York University
|
Address:
|
2083 Lawrenceville Road, Lawrenceville, NJ, 08648, United States
|
Keywords:
|
Theater, Broadway, Longitudinal hierarchical Bayes model, informative dropout, capacity constraint
|
Abstract:
|
Using a long panel of nine years data, we investigate the factors that are useful to predict the weekly attendance at Broadway shows. This is accomplished by developing a longitudinal model taking into account the capacity constraints and informative dropout in a hierarchical Bayes framework. The weekly show attendance is modeled using a re-parameterized gamma distribution with parameters representing opening week performance, timing of peak performance and decay rate. Our research indicates that opening week performance is strongly related to the show type, whether a show is a revival, and the number of star actors. Shows that received positive reviews from New York Times take longer time to reach peak performance. Weekly demand declines faster for a play and more slowly for a show that received a positive review from USA Today. The impact of Tony Nominations tends to vary substantially across shows, although generally they tend to shift demand upwards.
|
The address information is for the authors that have a + after their name.
Authors who are presenting talks have a * after their name.
Back to the full JSM 2012 program
|
2012 JSM Online Program Home
For information, contact jsm@amstat.org or phone (888) 231-3473.
If you have questions about the Continuing Education program, please contact the Education Department.