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来源类型Working Paper
规范类型报告
DOI10.3386/w15476
来源IDWorking Paper 15476
The Welfare Effects of Ticket Resale
Phillip Leslie; Alan Sorensen
发表日期2009-11-05
出版年2009
语种英语
摘要We develop an equilibrium model of ticket resale in which buyers' decisions in the primary market, including costly efforts to "arrive early" to buy underpriced tickets, are based on rational expectations of resale market outcomes. We estimate the parameters of the model using a novel dataset that combines transaction data from both the primary and secondary markets for a sample of major rock concerts. Our estimates indicate that while resale improves allocative efficiency, half of the welfare gain from reallocation is offset by increases in costly effort in the arrival game and transaction costs in the resale market.
主题Microeconomics ; Market Structure and Distribution ; Industrial Organization
URLhttps://www.nber.org/papers/w15476
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/573152
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GB/T 7714
Phillip Leslie,Alan Sorensen. The Welfare Effects of Ticket Resale. 2009.
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