Science Nation: Ticket to Ride
With help from the National Science Foundation, economist Andrew Sweeting at Duke University is researching markets for perishable goods, which includes tickets because they have to be used by a certain date. Sweeting wants to gain a broader understanding of the general economic forces at play in perishable goods markets. For example, why do sports tickets drop in price closer to a sporting event while airline tickets tend to go up closer to the date of departure? Maybe science can help make sense of it.
Media Details
Runtime: 2 minutes 33 seconds
- Topic: Business
- Subtopic: Consumer Education, Economics, Industry
- Grade/Interest Level: 10 - 12
- Standards:
- Release Year: 2009
- Producer/Distributor: National Science Foundation
- Series: Science Nation
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