[mertd]

There is a great Freakonomics episode on exactly that.

tl;dr was that people don't like buying stuff via auctions.

http://freakonomics.com/podcast/live-event-ticket-market-scr...

[mrep]

But will they deal with the extra hassle of an auction to see their favorite artists when their artists are incentivized by millions of dollars in extra profit by using an auction based system?

I bet so