IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this article

"Bru-u-u-uce": The Simple Economics of Mob Goods

Listed author(s):
  • DeSerpa, Allan C
  • Faith, Roger L
Registered author(s):

    This paper provides a pure economic rationale for chronic excess demand for tickets to events like rock concerts. The model focuses on 'mob goods,' which are consumed jointly with crowd reaction, or 'noise.' Whereas the primary commodity is provided by the seller, the joint product is provided collectively by buyers. If propensities to make noise are inversely correlated with reservation prices and a capacity constraint applies, excess demand (queuing) is a necessary condition for profit maximization. One important implication is that antiscalping laws may be welfare-increasing. The paper explores other applications in professional sports, restaurants, and on-stage theatre. Copyright 1996 by Kluwer Academic Publishers

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below under "Related research" whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Article provided by Springer in its journal Public Choice.

    Volume (Year): 89 (1996)
    Issue (Month): 1-2 (October)
    Pages: 77-91

    in new window

    Handle: RePEc:kap:pubcho:v:89:y:1996:i:1-2:p:77-91
    Contact details of provider: Web page:

    Order Information: Web:

    No references listed on IDEAS
    You can help add them by filling out this form.

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    When requesting a correction, please mention this item's handle: RePEc:kap:pubcho:v:89:y:1996:i:1-2:p:77-91. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Sonal Shukla)

    or (Rebekah McClure)

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.