Spatial aspects of ticket scalping

We develop a simple insurance model of the secondary market for tickets to account for some of the observed spatial patterns of prices. Beyond ticket markets the model draws attention to the existence of subtle insurance fees in market prices that may be incorrectly attributed to breakdown of the law of one price or attributed solely to a cost-based rationale. Copyright (C) 2010 John Wiley & Sons, Ltd.

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Year of publication:	2011
Authors:	Goff, Brian L. ; Tollison, Robert D.
Published in:	Managerial and Decision Economics. - John Wiley & Sons, Ltd., ISSN 0143-6570. - Vol. 32.2011, 2, p. 135-139
Publisher:	John Wiley & Sons, Ltd.

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008839113