The Eight Principles of the Microeconomic and Regulatory Future of Ticket Scalping, Ticket Brokers, and Secondary Ticket Markets

Abstract

“Ticket scalping” is a term akin to “loan sharking.” Both practices fill a market need, but both practices also bring the disdain of the consumer, the wrath of primary market competitors, and the microscopic attention of regulators. From the time of Shakespearean England, those who resell tickets have carried images of greedy speculators forcing innocents to pay unjust sums for event tickets, being fleeced of their hard-earned shekels in the process.