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Are ticket scalpers really ripping you off?
arbitrage

Are ticket scalpers really ripping you off?

Tickets for popular events sell out fast. It is a textbook mismatch of supply and demand, a shortage created by a price set below the market clearing equilibrium. The consequence is ticket scalping, people taking advantage of the shortage by selling tickets for a mark-up in the secondary market. It
Aug 26, 2016 5 min read
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