If the Boston Red Sox were playing the Chicago Cubs in the World Series and fans 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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The emergence of a scalping market would indicate that the demand for tickets exceeds the supply at the face-value price. With fans willing to pay three times the face-value price, scalpers would be able to sell tickets at a higher price, allowing them to profit from the scarcity of tickets. This benefits both ticket holders who are willing to sell their tickets at a higher price and fans who are willing to pay more to watch the game. Therefore, the presence of a scalping market would make all ticket holders and potential buyers better off (or at least no worse off).

If the Boston Red Sox Were Playing the Chicago Cubs