Price Caps by Matching Platforms: The Case of Ticket Resales

Key Points

• Price caps on ticket resale platforms led to notable changes in sales outcomes and overall profitability, enhancing market dynamics.
• The introduction of voluntary price caps resulted in varying welfare effects, influencing consumer access and market efficiency.
• Observational analysis of ticket resale platforms highlights the role of prices in shaping sales strategies and profitability.
• This research suggests potential policy implications regarding ticket resale, emphasizing the need for deeper market assessments.