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A comment on Why Scalpers Can Get Olivia Rodrigo Tickets and You Can't. Parent comment

Re:Why Scalpers Can Get Olivia Rodrigo Tickets and You Can't by nickelpro on Saturday September 23, 2023 @06:02PM (#37627951)
Most of their fans aren't going to the show at all. Demand far outstrips supply.

In effect the number of less wealthy fans who can get into a show is a lottery. Ideally you would do just that, lottery off some tickets at affordable rates and sell the rest at market rate.

But the market has adjusted to that too and re-sellers dominate such lotteries. If you offer the opportunity for arbitrage, the market will take advantage of that opportunity.

So just sell at market rate, cut out the re-sellers entirely.

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Re:Why Scalpers Can Get Olivia Rodrigo Tickets and You Can't by bombcar on Saturday September 23, 2023 @07:01PM (#37628401)
It’s a perfect case for market segmentation - cheaper “less desirable” tickets that are NOT transferable (eg., tied to ID somehow, I could see them being cryptographically tied to a Apple Pay account, for example) and more expensive transferable tickets designed to soak the rich.
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