
Originally Posted by
sexecutioner
thats an interesting study. so i didnt read the whole thing, just your summary, and bits n pieces of it that i skimmed through. so here is my initial thoughts:
first of all, just to put things in perspective, as you mention, they have a limited sample number. this includes ONLY ebay and stubhub. not only that, but its only from sellers they classify as ticket brokers, which they define as anybody who has 10 or more ticket auctions. so, not only did they leave out all other online outlets all together, but they also left out sales from the broker's actual stores, AND from all the small time douches who bought up some extra tickets to the show with the intent of selling them to make cash. so...its hard to say how much of actual scalping is represented in this sample. according to you (or maybe you are just referring to them), its about half. id guess its less than half, but thats just speculation.
most importantly, you keep mentioning the amount of profit they make, but thats not really what concerns me. what i care about is the percentage of total tickets that are resold. so here is one section i read that relates to that:
"We observe about 69,000 of the tickets purchased in the primary market being resold at eBay or StubHub (i.e. 3.9% of the number of tickets). As shown in Table 1, the maximum number of tickets resold for a given event is 3,130, or 17% of the tickets sold in the primary market. For most events the fraction of tickets resold is between 2% and 5%."
so assuming its just half of the actual scalped tickets, that means that for most events, the precentage of tickets resold is between 4% and 10%. dont you think 10% is a huge percentage?? I fucking do! and thats just "most shows". the max was 34%!!! (assuming we double their number of 17%). Thats a fucking 1/3 of the tickets!! and yes, im sure some shows they included in the study had like 0% - 1%. but who gives a fuck about those shows anyway. obviously those shows arent very high demand, so this argument doesnt apply to them. im talking about the shows that sell out right away, the shows that I would guess make up the high end of the spectrum of shows they sampled.
so in conclusion, we see that scalpers actually do take a good chunk of the tickets from the fans, just to resell them. this is pretty much what i said in the first place, and you have just helped show that you and your scalper buddies have been officially proven to be pieces of shit by stanford. its official! i win. thanks for playing.