Krueger, Alan B. - In: Journal of Labor Economics 23 (2005) 1, pp. 1-30
Beginning in 1997, the price of concert tickets took off and ticket sales declined. From 1996 to 2003, for example, the average concert price increased by 82%, while the CPI increased by 17%. Explanations for price growth include (1) the possible crowding out of the secondary ticket market, (2)...