Quote:
Originally Posted by disposableheros
not exactly.
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What you're talking about here is what's known as 'price inflexibility'. Teams that have long waiting lists for season tickets, or who regularly sell out games, would have a much greater ability to raise prices with losing many customers than a team that regularly plays to empty seats. Even particular events might count as price inflexible, if the entire season didn't.
As examples, the Yankees might lose 200,000 fans if they raised prices 50% (probably not more than that because so much of the cost of attending games has nothing to do with the ticket price), but they'd still sell out every seat when the hosting the Red Sox or the Mets. If the Royals raised prices 50%, their grandstands would start looking like Montreal in 2004.
Any ability to determine prices would (should) have to take into account how price flexible attendence for that team would be. I'd think it would be mostly determined by fan loyalty, somewhat modified by fan interest.