Posts Tagged ‘ticket scalpers’

  • Dynamic Pricing for Tickets Displays the Power of Prices

    Elasticity: Concert Tickets

    Jun 5, 13 • 829 Views • Behavioral Economics, Demand, Supply, and Markets, Economic Debates, Households, Thinking EconomicallyNo Comments

    At 9 A.M. during the first minute of the first day that tickets go on sale for a concert, have you ever experienced a constant busy signal or no access to the website? The reason might be the price of the ticket. Pascal Courty, an economist who has studied