A Graphical Analysis of “Scalpingâ€: A Reply
James L. Swofford
Public Finance Review, 2003, vol. 31, issue 6, 700-704
Abstract:
Swofford (1999) discussed three cases when ticket scalping or other reselling might arise. These cases are reviewed in light of Spindler’s (2003) observation that a perfect price-discriminating ticket scalper could capture all the revenue from the all or none demand curve. Such a price discriminator would have a symbiotic relationship benefiting the original producer of the product. However, the ticket scalper would still have a parasitic relationship with a producer identified more with the product, as such a producer would have customer goodwill in its dynamic revenue function. The original producing firm with goodwill as an argument in its dynamic revenue function might still be a source of agitation for laws against ticket scalping.
Date: 2003
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Persistent link: https://EconPapers.repec.org/RePEc:sae:pubfin:v:31:y:2003:i:6:p:700-704
DOI: 10.1177/1091142103254727
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