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There is no artificial shortage, there is an inherent shortage. Sufficiently popular entertainers such that a ticket price arbitrage opportunity exists must be
by lotsofpulp 1y ago
There is no artificial shortage, there is an inherent shortage. Sufficiently popular entertainers such that a ticket price arbitrage opportunity exists must be, by definition, in short supply.
There exist only so many performance days in an entertainer’s lifetime. And, obviously, venues have capacity limits.
- usr1106 1y agoSo what is the added value created by those resellers to address the inherent shortage?
- haneefmubarak 1y agoIn theory they provide market liquidity such that for anyone who REALLY wants to go, at any time prior to and potentially even during the event, there remain some options available for purchase; as opposed to basically spinning the lottery on whether you get to go or not, especially for oversubscribed events.