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> If there are only 10000 tickets and 100000 people would be willing to pay face value for the ticket, how do you suggest the tickets be allocated? A lottery?
by polygamous_bat 4y ago
> If there are only 10000 tickets and 100000 people would be willing to pay face value for the ticket, how do you suggest the tickets be allocated? A lottery?
Why not? If the artist prices their concerts at $100 because they want all of their fans to be able to attend, and if their fans are willing to spend $100 to go see them, why do scalpers get to "ackshually free market dynamics" there? I am quite happy with a ticket lottery as long as there are no sybill attacks possible on the system.
- cortesoft 4y ago> If the artist prices their concerts at $100 because they want all of their fans to be able to attend But that means all the fans won't be able to attend, because there aren't enough tickets. If I have a 1 in 10 chance of going to a concert I want, I would rather save my money and spend more to go to a particular concert I really want to go to rather than just have a 1/10 chance and end up winning the lottery on one I don't really want to go to that much.