undefined | Better HN

0 pointskodt3y ago0 comments

I’ve been to events that do this and if someone can’t make it tough luck. But it prevents scalping at least. Every system has pros and cons.

0 comments

Gigachad3y ago

Better solution is to just price the tickets higher. Scalpers are only taking advantage of arbitrage. This requires a bit of complex demand estimation up front though.

kodtOP3y ago

That prices out more fans who can’t afford it though, something that some artists are trying to avoid.

MichaelZuo3y ago

I don't see why they would outweigh the fans who want to make last minute changes?

In any solution there are those who get the short end of the stick.

iambateman3y ago

This was the point of the article. Or at least, how to reduce the arbitrage incentive without the complex demand estimation.

googlryas3y ago

A lot of artists don't want to perform in a venue with 20% empty seats

FateOfNations3y ago

Offer the original purchaser a refund, and then sell the extra tickets at the door.

j / k navigate · click thread line to collapse