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.
