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Markets in everything
The latest is pre-sale passwords for early access to concert tickets, here is the ebay listing. Here is an excellent article on how concerts sell out much more quickly than before. The old days of getting there early and waiting in line seem to be gone:
Combined with the selling efficiency of the Internet and swelling competition from scalpers, “your chances of getting a great seat after a concert goes on sale are almost non-existent,” says Arizona State University economist Steve Happel, a concert business expert. “Tickets are gone in a heartbeat.”
Posted by Tyler Cowen on June 20, 2005 at 06:29 AM in Music | Permalink
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