It's almost like there is a reason why they don't do that.
But what could it be?
But what could it be?
[0] You need to buy all tickets for scalping to work. Otherwise the official source is constantly becoming cheaper than the price you paid. And your ability to sell to whales is limited. Even if they would've potentially paid up to $10k but they wait, they might decide to buy in once it hits $2k because they expect the price to settle near $1k and don't want to risk missing a ticket. So if you buy in at $1k, you've already missed selling to them. So you can only really sell to people with low margin over your buying price, and if you overshoot the clearing price, you might take a huge loss. So risk-adjusted, scalping becomes unprofitable, and scalpers exit the market, which allows whales to bid under their true maximum price they'd pay, lowering overall prices vs. a market with scalpers.
There is no point arguing with someone so detached from reality.
If you wanted to appear less greedy, you could also do something similar to what the government does for bonds: everyone submits the highest price they're willing to pay. Take the top N offers, and all of those people get tickets at the lowest price out of the top N. So you're encouraged to bid what the ticket is worth to you because you almost certainly will end up paying less than that. If 50,000 people (modulo subdivisions for seat distance) agree a ticket is worth at least that much, then ipso facto that's what it's worth. Again it's scalper resistant because anyone you could resell to already got a ticket at the same price you did.
Point is there are plenty of documented auction styles to choose from depending on exactly what properties they want. It isn't hard. They obviously prefer scalpers exist.
The market giveth and all entités are rational.
> They obviously prefer scalpers exist.
I'm sure they have their reasons for this. But everyone else shouldn't act like scalpers are the bad guy then.
Artists and ticket vendors underprice tickets to assure sold-out venues: they're choosing to buy lower earnings volatility. The notion that tickets are underpriced to make them accessible is tripe.