A Graphical Analysis of “Scalping”: A Reply
Swofford (1999) discussed three cases when ticket scalping or other reselling might arise. These cases are reviewed in light of Spindler’s (2003) observation that a perfect price-discriminating ticket scalper could capture all the revenue from the all or none demand curve. Such a price discriminator would have a symbiotic relationship benefiting the original producer of the product. However, the ticket scalper would still have a parasitic relationship with a producer identified more with the product, as such a producer would have customer goodwill in its dynamic revenue function. The original producing firm with goodwill as an argument in its dynamic revenue function might still be a source of agitation for laws against ticket scalping.
Year of publication: |
2003
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Authors: | Swofford, James L. |
Published in: |
Public Finance Review. - Vol. 31.2003, 6, p. 700-704
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