You also know that scalpers somehow always get plenty of tickets, and they charge prices that could send a kid to college. ![]() And when he says it’s “screwed up” - well, you already knew that, didn’t you? You already knew that the hotter the event is, the more likely it’ll somehow be sold out the minute tickets go on sale. That’s Eric Budish, an economist who’s written a paper on the ticket market. But the ticket market?īUDISH: This is a market that’s been screwed up for a long time. Most markets these days are pretty transparent and predictable and sensible. Now, how would you rate that experience? Yeah, that sounds about right. All right, now rate the experience of the last non-ticket purchase you made - clothing or groceries, maybe a piece of furniture. ![]() Oof! That’s even worse than I thought you’d say. When you buy tickets to a big concert, or a professional sports event or, a hot Broadway play – on a scale of one to 10, how would you rate the ticket-buying experience? Think about everything from the price to the availability of tickets to the transparency of the whole transaction.
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