123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Leisure-and-Recreation >> View Article

That Futures Market Thing Is Here In The Secondary Ticket Market

Profile Picture
By Author: Stephen K. Happel and Marianne M. Jennings
Total Articles: 113
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

Since 1989, we've been on a quest to address and overcome the legal, economic and ethical concerns of those who find something unseemly about secondary ticket markets, aka ticket scalping. Slowly but surely, legislators and regulators saw the benefits and beauty of a free market for tickets, and once-banished ticket resales came out into the light, emerging from their homes in raincoats, backrooms, and trunks. Enter the Internet, a medium perfectly suited for the creation of a national ticket market. Also enter, at the same time of the dot-com explosion, great personal wealth. Ease of trading and cash brought new dimensions and volume to the ticket market.

By 2002, we were suggesting that the ticket market had progressed to a point that hedging, a futures market for tickets, was the way to go. Oddly, however, there is still resistance, from major league sports teams, some states, and even monopolists who still want to control those secondary ticket sales. The free market has done us proud in its ability to make tickets available at lower prices. Emotional voices still rise up with cries of


...
...



-------------------------

About the Author:

-------------------------

Professor Stephen K. Happel is a Professor of Economics and Professor Marianne M. Jennings a Professor of Legal and Ethical Studies in the College of Business at Arizona State University. They have contributed to http://www.authoritytickets.com - A secondary ticket market blog Authority Tickets



 

Total Views: 413Word Count: 236See All articles From Author

Add Comment

Leisure and Recreation Articles

1. Understanding Free Zones In Dubai: Can Have Full Ownership Of Company In Uae?
Author: The Law Reporters

2. How Effective Is Vacuum Sealing Fresh Seafood?
Author: yelenaparker

3. Aesthetic Design
Author: Manvi Gupta

4. Live Resin + Liquid Diamond Disposable
Author: samuel joe

5. Introducing Todays Way Shop: Your One-stop Destination For Tools, Baby Products, Outdoor Gear
Author: Outdoor Recreation

6. Something Different - A Beach Side Cafe
Author: Probin Das

7. Heaven Garden
Author: Probin Das

8. Havelock Country Homes Hotels & Resorts
Author: Probin Das

9. Sandy Waves Beach Resort
Author: Probin Das

10. Symphony Palms Beach Resort
Author: Probin Das

11. All Season Residency
Author: Probin Das

12. Havelock Holiday Beach Resort
Author: Probin Das

13. Silver Sand Hotels
Author: Probin Das

14. Sea Hills Hotels & Resort
Author: Probin Das

15. Ocean Blue Resorts
Author: Probin Das

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: