Ticket scalpers exist because ticket prices in the primary market are often set below the market equilibrium price. The question is why are prices consistently set too low? One theory says that the desire to sell complementary goods such as concert memorabilia explains why ticket price are set below equilibrium. Technological improvements, however, have rendered that theory obsolete. Economic theory still does not explain why ticket prices are frequently set too low. Perhaps the reason is simply that artists do not want to gouge their fans
Tickets to live events, such as sporting events, are commonly resold on the secondary market up unti...
Thesis advisor: Christopher MaxwellHistorically underpriced, tickets for shows and sports games are ...
We examine how reduction of search frictions in secondary markets affects the ability of incumbents ...
This paper analyzes the dynamics of prices in two online secondary markets for Major League Baseball...
Tickets for many live entertainment events are distributed in a primary market and then resold on a ...
The live music business has developed to become the most profitable sector within the overall music ...
Abstract: We document the existence of pricing styles in the concert industry. Artists differ in the...
Knowing how to sell the right product, to the right customer to the right price can be the differenc...
Beginning in 1997, the price of concert tickets took off and ticket sales declined. From 1996 to 200...
The Japanese concert market is distinct from live-concert markets in other countries because of its ...
When a concert or sporting event sells out, the performer appears popular and the venue enjoys the o...
Music itself is going to become like running water or electricity. You\u27d [artists] better be prep...
The Oxford Dictionary of Economics defines “goods” as things that people (e.g., consumers) prefer to...
We estimate an equilibrium model of ticket resale in which consumers ’ and brokers ’ decisions in th...
A large number of brokers and scalpers resell a significant fraction of event tickets at substantial...
Tickets to live events, such as sporting events, are commonly resold on the secondary market up unti...
Thesis advisor: Christopher MaxwellHistorically underpriced, tickets for shows and sports games are ...
We examine how reduction of search frictions in secondary markets affects the ability of incumbents ...
This paper analyzes the dynamics of prices in two online secondary markets for Major League Baseball...
Tickets for many live entertainment events are distributed in a primary market and then resold on a ...
The live music business has developed to become the most profitable sector within the overall music ...
Abstract: We document the existence of pricing styles in the concert industry. Artists differ in the...
Knowing how to sell the right product, to the right customer to the right price can be the differenc...
Beginning in 1997, the price of concert tickets took off and ticket sales declined. From 1996 to 200...
The Japanese concert market is distinct from live-concert markets in other countries because of its ...
When a concert or sporting event sells out, the performer appears popular and the venue enjoys the o...
Music itself is going to become like running water or electricity. You\u27d [artists] better be prep...
The Oxford Dictionary of Economics defines “goods” as things that people (e.g., consumers) prefer to...
We estimate an equilibrium model of ticket resale in which consumers ’ and brokers ’ decisions in th...
A large number of brokers and scalpers resell a significant fraction of event tickets at substantial...
Tickets to live events, such as sporting events, are commonly resold on the secondary market up unti...
Thesis advisor: Christopher MaxwellHistorically underpriced, tickets for shows and sports games are ...
We examine how reduction of search frictions in secondary markets affects the ability of incumbents ...