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Old 12-17-2018, 08:05 PM   #4493
Hank Chinaski
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Re: What to do about inequality?

Quote:
Originally Posted by Adder View Post
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.
I can't speak to Fenway, but Wrigley sold out even when the Cubs sucks. Tourists could fill half the seats. And don't discount good will- the Red Sox name and image are very valuable- do they want fans to think of them the way Thurgreed speaks of the Yankees above? The tickets really aren't what they're selling. Look at the payrolls and do the math.
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