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Topic	As if Ticketmaster wasn't scummy enough, now they're hiring 'pro' scalpers
DoctorVader 09/19/18 2:59:07 PM #175:	fenderbender321 posted... We estimate that observed levels of resale increase allocative efficiency by 5% on average, but that a third of this increase is offset by increases in costly rent-seeking in the primary market and transaction costs in the resale market. One third of the 5% increase in efficiency is offset by what you're saying. That means it's a net gain. There's no way you read even a paragraph in the study. Go read it. Time is a variable in it and that thing is from 2013, before the prevalence of bots. Do you understand where that's heading? --- It all just disappears, doesn't it? Everything you are, gone in a moment, like breath on a mirror. - The Doctor <cite>DoctorVader posted [p:909063208] in As if Tick... [t:77018995]...</cite> <quote><cite>fenderbender321 posted...</cite> <quote><quote>We estimate that observed levels of resale increase allocative efficiency by 5% on average, but that a third of this increase is offset by increases in costly rent-seeking in the primary market and transaction costs in the resale market.</quote> One third of the 5% increase in efficiency is offset by what you're saying. That means it's a net gain.</quote> There's no way you read even a paragraph in the study. Go read it. Time is a variable in it and that thing is from 2013, before the prevalence of bots. Do you understand where that's heading? --- It all just disappears, doesn't it? Everything you are, gone in a moment, like breath on a mirror. - The Doctor</quote> ... Copied to Clipboard!
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