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by scotty79 5093 days ago
> If I enter both auctions I run the risk of purchasing both tickets.

This might be mitigated by allowing people to sell their tickets after auction. They'll be doing that anyway so you could even provide them with platform to do this hassle free.

> Not that the system couldn't work but I think it would make for a terrible standard model.

I think current system is much worse. The only good thing about it is that people can get cheap tickets to really great events fast if they are dedicated enough to stand in line for hours right after they begin to be sold. But that's the loss for artists because is such cases they sell tickets for too low price. Other than that only the fact that you theoretically can get tickets early and you have a lot room for planning. Current system is terrible for people who can afford to buy tickets from scalpers because the scalpers basically freeload on them by snatching tickets and keep them long enough for demand to build up and for price to raise.

You don't have to sell all tickets via the auction. You can gift some to fan associations. Distribute some through lottery. Or even keep some to sell at whatever price serves your purposes just before the show.

What auction would do and what is its greatest value in my opinion is giving the artists (and everybody else) estimate of how high the demand is and adjust price automatically.