The Effect of Ticket Resale Laws on Consumption and Production in Performing Arts Markets
Although most economists assume that ticket scalping is efficient, existing theoretical models make ambiguous predictions of the effect of ticket resale on production and attendance. This study uses variation in state and municipal laws to examine whether prohibiting or restricting resale has a positive or negative impact on consumer attendance and producer entry into arts markets. Our results show that restrictions on resale prices and license requirements stimulate attendance in performing arts events, but decrease the number of unique productions. This suggests that consumers value regulation that restricts prices and requires licensing for resellers over greater variety in productions.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 38 (2012)
Issue (Month): 2 ()
|Contact details of provider:|| Web page: http://www.palgrave-journals.com/|
Postal:c/o Dr. Alexandre Olbrecht, The Anisfield School of Business 205, Ramapo College, 505 Ramapo Valley Road, Ramapo, New Jersey 07430, USA
Phone: (201) 684-7346
Web page: https://www.qu.edu/eea/
More information through EDIRC
|Order Information:||Web: http://www.springer.com/economics/journal/41302|
When requesting a correction, please mention this item's handle: RePEc:pal:easeco:v:38:y:2012:i:2:p:210-222. 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 references are entirely missing, you can add them using this form.