Therefore scalpers are shifting supply from people who have more time to people who have more money. This is likely moving supply from middle class people to rich(er) people.
The apparently irrational behaviour of selling at below market price is sometimes explicable by the seller wanting to reach a certain market: ticket scalping exists because tickets are sold below market price because bands don’t want audiences of money rich, time poor businesspeople.
The apparently irrational behaviour of selling at below market price is sometimes explicable by the seller wanting to reach a certain market: ticket scalping exists because tickets are sold below market price because bands don’t want audiences of money rich, time poor businesspeople.