Saturday, April 27, 2013

Paperless tickets

The WSJ details state legislative battles over proposed bans on non-transferable ("paperless") tickets to events. What I am missing, and what it would have been useful for the WSJ to talk about, is the market failure that justifies intervention in this market. Seems to me that promoters should be free to offer whatever type of ticket they want so long as the particular bundle of rights being transferred is clear to both buyers and sellers.

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