The Welfare Effects of Ticket Resale
The Welfare Effects of Ticket Resale
复制标题
门票转售的福利效应
DOI:
10.3386/w15476
复制
发表时间:
2009
期刊:
影响因子:
--
通讯作者:
Alan T. Sorensen
中科院分区:
文献类型:
--
作者:
Phillip Leslie;Alan T. Sorensen
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.
影响因子:
6.1
作者:
PAKES, A;POLLARD, D
通讯作者:
POLLARD, D