|
|
|
|
|
|
by raverbashing
3707 days ago
|
|
|
> , then people who didn't manage to get one would be out of luck No There are two reasons why people can't get a ticket: - Fans bought all the tickets, limited places so the only way you could get them is if someone gives up. Nothing wrong in reselling a ticket for the price you paid for them or less - Scalpers bought all the tickets. This is the main reason why today you can't get a ticket. Because they get on the queue and buy all of them before the fans had a chance to even get it. So the problem of "you can't get a ticket" is not solved by scalpers, it is caused by them |
|
|
1. It's unlikely that the price is set at $X, and there are precisely enough tickets to satisfy everyone who wants one at $X, but no more. Either the tickets won't sell out at $X, or there will be those who can't get tickets at $X.
2. If the original sellers knew how much demand there was, either they'd set the price to be as close to the balance point as possible, or not. If they did, then there should be no opportunity for scalpers unless the price is very unsticky upwards; but if there are a lot of people willing to pay well above the original price, then it's again unlikely that demand is equal to supply.
3. If the original sellers didn't try to set the market value, then there would have been a shortage anyway. Again, the fact that scalpers can extract a large amount from each resold ticket means there's enough demand at high prices, and therefore likely to be too much demand at low prices.