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by phkahler
1824 days ago
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>> Tickets that can be scalped were priced at below what you might naively consider "market" prices. Maybe. The scalpers are taking a risk buying tickets they may not sell, so it might serve as a mechanism to find the market price for the tickets. OTOH it also creates artificial scarcity which artificially raises the price. In the end, the scalper is inserting themself into a transaction between two parties that didn't ask for them to do so and were mutually satisfied with the situation prior to that (nothing changed for the seller, and I think most buyers would appreciate the lower price). |
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