What psychological pricing strategy do many performing arts venues use that actually increases both ticket sales AND the perceived value of the performance?

In the performing arts world, ticket sales strategies are critical for financial sustainability. Theaters and performance venues employ various psychological tactics to maximize revenue and attendance. This poll explores an interesting aspect of consumer psychology that influences purchasing behavior in the performing arts sector. Test your knowledge about how theaters leverage pricing strategies to influence audience perception and ticket-buying decisions!

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Decoy pricing: offering an ultra-premium ticket option that makes mid-tier tickets seem more reasonably priced
Loss leader pricing: selling opening night tickets below cost to generate buzz and word-of-mouth marketing
Dynamic pricing: continuously adjusting ticket prices downward as the performance date approaches to create urgency
Psychological pricing: setting all tickets at prices ending in .99 to make them appear significantly cheaper