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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...
Persistent link: https://www.econbiz.de/10010552689
Ticket scalping is typically analyzed from the point of view of the demanders of the product. The question of why a profit-maximizing producer would let someone purchase its product for speculation or arbitrage has typically been ignored in the literature. There are at least three reasons why a...
Persistent link: https://www.econbiz.de/10010687146