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Old 12-17-2018, 05:50 PM   #4491
Adder
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Re: What to do about inequality?

Quote:
Originally Posted by Tyrone Slothrop View Post
Um, no. Ultimately, every team is a monopolist as regards its own tickets. If anyone wants to drill down on this, I can point them to the former antitrust lawyer for StubHub. But teams sell lots of tickets at the start of the season, before the team starts playing. If the team does worse than expected, season-ticket holders dump their seats for cheap. If the team does better than expected, there is more demand than inventory. The team would love to run the secondary marketplace so that it can try to keep these secondary sales from competing with its own primary sales, and sometimes it does.
The team is seeking to maximize sales cross the entire season, where the optimal price point is well below that of the more popular games. Most likely, GGG’s observation that tickets for every game are higher on the secondary market is wrong and instead his sample is skewed toward popular games, but if not, then the Sox are charging less than they could. That does not sound like monopolizing behavior.
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