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Howard Riefs

  • Karma: +0/-0
One. Hot. Ticket.
« on: June 04, 2013, 03:58:14 PM »
A nice case study for supply (25,000/day) and demand.  US Open tickets are a going for around 3x face value.

http://www.philly.com/philly/blogs/pattisonave/2013-Merion-US-Open-ticket-prices-are-out-of-control.html
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"Golf combines two favorite American pastimes: Taking long walks and hitting things with a stick."  ~P.J. O'Rourke

Jim Nelson

  • Karma: +0/-0
Re: One. Hot. Ticket.
« Reply #1 on: June 04, 2013, 04:22:20 PM »
There is an article in sfgate about just his issue but related to concert tickets.  musicians get attacked if they have prices too high, but if they are too low based on demand, the scalpers and Stubhub are able to get incredible markups.  Not sure what the solution is tho.
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I arise in the morning torn between a desire to improve the world and a desire to enjoy the world.  This makes it hard to plan the day.  E. B. White

Terry Lavin

  • Karma: +0/-0
Re: One. Hot. Ticket.
« Reply #2 on: June 04, 2013, 05:55:38 PM »
A bargain at $500.
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Nobody ever went broke underestimating the intelligence of the American people.  H.L. Mencken

jeffwarne

  • Karma: +0/-0
Re: One. Hot. Ticket.
« Reply #3 on: June 04, 2013, 06:21:27 PM »
masters tickets for one Day were fetching $2000 +
a bit over face value ;), and nowhere near the population centers of the east coast
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"Let's slow the damned greens down a bit, not take the character out of them." Tom Doak
"Take their focus off the grass and put it squarely on interesting golf." Don Mahaffey

Daryl David

  • Karma: +0/-0
Re: One. Hot. Ticket.
« Reply #4 on: June 04, 2013, 08:00:50 PM »
Quote from: Jim Nelson on June 04, 2013, 04:22:20 PM
There is an article in sfgate about just his issue but related to concert tickets.  musicians get attacked if they have prices too high, but if they are too low based on demand, the scalpers and Stubhub are able to get incredible markups.  Not sure what the solution is tho.

Some artists have solved the problem by requiring ID at the gate. There goes Stubhub if it catches on.
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Mike_Young

  • Karma: +0/-0
Re: One. Hot. Ticket.
« Reply #5 on: June 04, 2013, 09:40:00 PM »
Email me if anyone is interested in two full week passes....
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"just standing on a corner in Winslow Arizona"
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