منابع مشابه
The Welfare Effects of Ticket Resale∗
We estimate a model of ticket resale that incorporates strategic effort choices by consumers and brokers in the primary market, rational anticipation of resale activity, and the resulting resale market equilibrium. Estimation is based on a unique dataset that combines detailed sales data from both the primary and secondary markets for a sample of major rock concerts. We use the estimated model ...
متن کاملAlan Sorensen (Stanford University), The Welfare Effects of Ticket Resale
* We are grateful to Ticketmaster and StubHub for providing data, and to Amitay Alter, Anna Mastri, and Tim Telleen-Lawton for many hours of outstanding research assistance. We are responsible for any errors.
متن کاملResale and Rent-Seeking: An Application to Ticket Markets
We estimate an equilibrium model of ticket resale in which consumers’ and brokers’ decisions in the primary market reflect rational expectations about the resale market. Estimation is based on a unique dataset that merges transaction details from both the primary and secondary markets for tickets to major rock concerts. In our model, the presence of a resale market permits tickets to be traded ...
متن کاملresale markets : The New Palgrave Dictionary of Economics
Resale markets are necessary to correct misallocations of assets, but do they always ensure that goods end up in the hands of those who value them most? This article reviews theoretical arguments as to why this need not necessarily be so and when inefficiencies might be expected despite the presence of resale markets. Policy implications are also suggested.
متن کاملThe Economics of Split-Ticket Voting in Representative Democracies
In U.S. elections, voters often vote for candidates from different parties for president and Congress. Voters also express dissatisfaction with the performance of Congress as a whole and satisfaction with their own representative. We develop a model of split-ticket voting in which government spending is financed by uniform taxes but the benefits from this spending are concentrated. While the mo...
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ژورنال
عنوان ژورنال: Journal of Economic Perspectives
سال: 2003
ISSN: 0895-3309
DOI: 10.1257/089533003765888449