Posts Tagged ‘repugnant markets’

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Tickets into the olympics

February 23, 2010

Michael Giberson

Ticket scalping, like price gouging, is a usually pro-social market activity that is stuck with a pejorative name.  At Swifter, Higher, sportswriter Kyle Whelliston writes about his experience picking up a cheap ticket into the first hockey game of the Vancouver Olympics.  It wasn’t as easy as he hoped, but at a cost of missing the first few minutes of action he was able to get a price he liked.

What surprised me in the article was how well organized the gray-market activity was. I wonder whether the Olympics would increase or decrease overall ticket revenue by facilitating an active secondary market (assuming a secondary market was legal in the host country).

(Via Freakonomics blog.)

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Repugnance, outrage, and other moral excuses

December 11, 2009

Michael Giberson

Bryan Caplan, in How Wise is Repugnance?,  questions Leon Kass’s argument that “repugnance is the emotional expression of deep wisdom.” (From Kass’s essay, “The Wisdom of Repugnance.”)

Kass runs through a list of things that he thinks the reader will accept as obviously repugnant (incest, bestiality, mutilating corpses, cannibalism, and so on) and wants to use the reader’s reaction to establish the principle that repugnance is a good guide to morality.  For Kass it seems a short step to assert the cloning and cloning-like activities are also repugnant, and having concluded that repugnance is a good guide to morality, he offers that cloning must be immoral.

Caplan identifies a hedging statement made by Kass which, if considered at all, serves to unravel the Kass position: “Revulsion is not an argument; and some of yesterday’s repugnances are today calmly accepted — though, one must add, not always for the better.”

Caplan writes:

It’s quite an admission.  Even if his last clause is dramatic understatement, Kass still acknowledges that calm acceptance of yesterday’s repugnances is sometimes for the better.  And on reflection, that list is very long: vaccination, girls, dissection, religious toleration, kissing, C-sections, inter-racial marriage, paying for parking, colonoscopies, amputation of gangrenous tissue (double yuck), sex, Indian food, male nurses…  Some of these continue to disgust me – I feel faint if I even look at a syringe.  Still, if I think I need a shot, I try to calm down and do what I think - not feel – is the right thing.

My point is not that repugnance is less than 100% reliable.  100% reliability is a silly standard.  My point is that repugnance is habitually unreliable.

The Kass rhetorical approach reminded me of Michael Sandel’s argument in the opening chapter of his book Justice.  Sandel wants to pick out particular emotional responses and privilege them as of moral significance, but he doesn’t explain why some emotional responses point to “a moral argument worth taking seriously” (in his example: outrage at price gougers), while other emotional responses don’t (like anger at a referee that missed a call during your child’s soccer match).

In effect, for Kass and for Sandel, they want to let emotions be a guide to morality.  Realizing, of course, that not every feeling of repugnance or outrage is worthy of moral endorsement, they are left with no more than a claim that at least their own emotions are reliable in this regard.

As I said earlier in a comment on Sandel’s point, “the list of things causing outrage is long and various: alphabetically – alcohol, bigamy, cannibalism, … , same sex marriage, taxation, usury, vivisection, X-rated movies, Yankee imperialists, and zone pricing. In each case I suspect a moral sentiment is involved, at least for the outraged persons, but we need not rush to the conclusion that society should affirm the associated (claim of) civic virtue.”

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No market allowed for desired prayer spaces

September 29, 2009

Michael Giberson

Al Roth at Market Design, “Reserving spaces in crowded places,” notes that authorities are cracking down on the illegal practice of reserving prayer spaces and renting them out to worshipers.  He quotes from the Saudi Gazette:

“It is forbidden to reserve places in the mosques, unless the person has left for urgent reasons and intends to return soon, as otherwise it is tantamount to taking something by force,” Al-Fawzan told Okaz newspaper on Thursday. “It is also forbidden to rent a reserved place, and the authorities should put a stop to this vice (munkar).”

Note that in a market for prayer spaces, high-income and low-income persons can benefit.  The low-income person (or more specifically, a person facing low opportunity costs) can earn money by holding a desired prayer spot and trading it to a high-income person just before prayer times. The banned practice would seem to create net economic benefits – price-based rationing tends to be efficiency enhancing – but this observation neglects any external spiritual or economic benefits that might accrue from high-income persons spending more time waiting in mosques.

Banning the practice seems to benefit the middle at the expense of the extremes, the middle being those people too busy to arrive too early, but too poor (or too pious?) to pay for a good spot. Henceforth, to signal piety or just get an otherwise desirable location, worshipers will have to show up early.

It would be interesting to know whether political connections (governmental or clerical) can obtain a desirable prayer spot without waiting.  Can the right connections and a little influence buy what money cannot under the rules?

(Notice the similarity to rock concerts: when concert tickets are in excess demand and scalpers are prohibited, fans have to show up early.  In the case of rock concerts in public stadiums, at least, a good political connection and a little influence usually secures a good seat.)

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