If the long-suffering Pittsburgh Pirates and Kansas City Royals were to meet in the World Series and their fans, realizing that another trip to the World Series would not some again for 50 years, were willing to pay three times the face-value price for tickets, economists would suggest that a scalping market would appear and it

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A scalping market would allow the tickets to be sold at the market value, which is now three times the face value. This would benefit both the sellers and the buyers as the sellers can make a profit and the buyers can secure a ticket at a fair price. Therefore, both ticket holders and potential buyers are better off, or at least no worse off.

If the Long-Suffering Pittsburgh Pirates and Kansas City Royals Were