Scalp Tickets If You Want A Better Return

Friday, July 25, 2014 - 18:20 in Mathematics & Economics

Concert promoters and sports teams have long insisted that scalping - private ticket sales outside a venue - hurts their revenue and forces fans to pay exorbitant prices for tickets. Not so, according to a new analysis which concludes that resale markets can add value to tickets sold by concert venues and Ticketmaster. Suppose you are interested in a Bruno Mars and Pharrell Williams concert that is three months away. You're not 100 percent sure you'll be able to make it because you  have to travel, so you don't buy tickets at all. read more

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