Michael Giberson
Al Roth at Market Design, directs our attention to The Ticket Economist:
Grownup economists recognize that there’s a place for secondary markets, but I wonder if a convention of ticket re-sellers doesn’t have something of the flavor of a sex-workers’ conference, in the sense that the participants are engaged in an industry that is often viewed as repugnant, and which is hemmed in by legal constraints that are sometimes ignored.
My attention was drawn to the conference by one of the speakers, Christian Hassold, who I met when he did an undergrad thesis on secondary ticket sales. … [Hassold], who is now off in the entrepreneurial world, has continued to write about ticket sales on his blog The Ticket Economist.
He always seemed like the kind of guy you would like to take in a game with, and it turned out that he’s good at getting tickets too: his blog mixes reviews of news and scholarship with some practical advice: see e.g. Buying from a Scalper? Five Do’s and Don’ts, and Bargaining for Tickets on the Street. [Links in original.]
Hassold highly recommends a paper by Phillip Leslie and Alan Sorensen: “The welfare effects of ticket resale.”
Pingback: Looking for Tickets?
The presence of ticket scalpers simply means that ticket prices are kept artificially low at the box office. TIcket scalpers provided a valuable service by making tickets available to those willing to pay more for tickets, but were not able to get htem in time due to the run on too-cheap tickets.