This intriguing question was recently posed by economist Ashok Rao via Marginal Revolution. Personally, we have no idea, except perhaps “tradition”? So as a service to our friends and loyal readers, we are re-posting the following three blog posts on this puzzle:
Why are all movies the same price? (4 March 2005)
Why is there uniform pricing for movie tickets? (4 January 2012)
Why don’t better movies cost more? (24 February 2016)
What is your (testable?) hypothesis?
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prior probability 