From ABBA to Led Zeppelin: using music to teach economics
From ABBA to Led Zeppelin: using music to teach economics

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Reno - Bruce Springsteen

JEL: a d i   

She took off her stockings
I held 'em to my face
She had your ankles
I felt filled with grace

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Assignment:

Bruce Springsteen sings about the demand and supply of sex and the subsequent equilibrium prices of different acts in "Reno". Why might some activities result in a higher price than others? Steven Levitt and Stephen Dubner in SuperFreakonomics provide some evidence that the price of vaginal sex with prostitutes in Chicago is about $80 and oral sex is $37. Why, if Springsteen can be believed, might sex more expensive in Reno than Chicago?

[Provided by Simon Medcalfe - Augusta State University]

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