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In: Economics

Some states have made the practice of scalping tickets illegal. That is, re-selling tickets to either...

Some states have made the practice of scalping tickets illegal. That is, re-selling tickets to either concert of sporting events to by the original ticket holder to a third party at a price in excess of the ticket's face value. From an economic perspective, should price controls [or a maximum price] be place on these ticket re-sales?

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