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.
Abstract
This study examines ticket resale platforms’ voluntary price caps, analyzing their adoption incentives and effects on prices, sales, profitability, and welfare.