FullonEdge2
Refugee
- Joined
- Aug 19, 2004
- Messages
- 1,314
Seeing as how scalpers have succeeded in acquiring large quantities of tickets, especially GA, which everyone seems to want, the actual cost a lot of people are going to be paying for tickets is going to be a lot higher than face value.
Is this an instance of U2 failing to price their tickets in order to reach equilibrium with the demand?
If U2 raised their ticket prices, scalpers would have more trouble scalping, and U2 would benefit from the extra money that people are already going to be paying for their tickets.
I think either the band should add many more shows than what appears to be planned, or they should raise ticket prices.
Is this an instance of U2 failing to price their tickets in order to reach equilibrium with the demand?
If U2 raised their ticket prices, scalpers would have more trouble scalping, and U2 would benefit from the extra money that people are already going to be paying for their tickets.
I think either the band should add many more shows than what appears to be planned, or they should raise ticket prices.