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> The naive economic solution to the problem would be raising ticket prices step by step until it is no longer attractive for scalpers to resell your ticket Yo
by teeray 1y ago
> The naive economic solution to the problem would be raising ticket prices step by step until it is no longer attractive for scalpers to resell your ticket
You can also just do like The Cure did and destroy the secondary market entirely: you can sell tickets through the platform and only for what you paid for them.
- markasoftware 1y agohow does this prevent the scalper communicating with the buyer to demand an out-of-band payment?
- wetpaws 1y ago[dead]
- teeray 1y agoIf all tickets are the same price, then any buyer-seller combination will do. I believe the seller doesn’t get to choose the buyer and both are anonymous. No way to coordinate such an out-of-band payment.
- tptacek 1y agoThey're not all the same price. They have the same list price, but once the show (or the desirable floor section of the show) sells out, the real price floats.
- alterom 1y agoThey don't even have to have the same price if the seller just effectively returns the ticket back to the system. Then it's up for grabs. There's no guarantee for the buyer that an out-of-band payment will get them the ticket (someone else can get it), and there's nothing that forces them to send an extra payment once they do get the ticket.
- threeseed 1y agoBecause the platform doesn't need to expose the details of buyer/seller. Most tickets these days are digital.
- alterom 1y agoThey can demand all they want, but they can't guarantee any way of getting the ticket to the person that send a payment... which makes it a bit of a tall demand.
- raincole 1y agoThe naïve economic solution is auctioning off all the tickets.
- Symbiote 1y agoThis is the law in Denmark, and I think Ireland and several other European countries. Tickets must not be sold for more than the original price. Ticketmaster etc are still happy to take part in the action: their resale system still charges a second set of ticket fees for a resale, though the sale price is limited to the purchase price.
- Nursie 1y agoAustralia too, though you are be allowed to sell at face value plus 10% here in Western Australia. YMMV by state.