Library of Economics and Liberty masthead logo
 
Articles EconLog EconTalk Books Encyclopedia Guides Search
Russ Roberts
PERMANENT LINK | APRIL 10, 2006

Ticket Scalping and Opportunity Cost

Mike Munger
Hosted by Russ Roberts
PRINT
Share SHARE
The Economics of Parenting... The Economics of Sports...

Michael MungerMichael Munger of Duke University and Russ Roberts talk about the economics of ticket scalping, examining our reactions to free and found goods, gifts, e-Bay, value in use vs. value in exchange, and opportunity costs.

Play
Time: 29:45
How do I listen to a podcast?
Download
Size: 13.7 MB
Right-click or Option-click, and select "Save Link/Target As MP3.

Readings and Links related to this podcast

Podcast Readings
HIDE READINGS
  • A Fable of the OC by Michael Munger
  • The Secret History of the Dismal Science, David M. Levy and Sandra J. Peart
  • Revealed Preference vs. Happiness, EconLog blog entry by Arnold Kling
  • Opportunity Cost, David R. Henderson, Concise Encyclopedia of Economics
  • Addendum: Check out a follow-up question addressed in this Mailbag (Time Mark 47:56)

    • Comments and Sharing


    CATEGORIES: Mike Munger (22) , Sports (13) , Trade and Exchange (28)

    TWITTER: Follow Russ Roberts at EconTalker

    Return to top
    Blogging software: Powered by Movable Type 4.2.1.
    Sound engineer: Rich Goyette
    Music from Cleared up Sunset, by Yasuhiro Tsuchiya / unplug
    Picture of Russ Roberts courtesy of the author.
    All opinions expressed on EconTalk or in the podcasts reflect those of the authors or individual commenters, and do not necessarily represent the views or positions of the Library of Economics and Liberty (Econlib) website or its owner, Liberty Fund, Inc.

    Liberty Fund logo, amagi symbol
    The cuneiform inscription in the Liberty Fund logo is the earliest-known written appearance of the word "freedom" (amagi), or "liberty." It is taken from a clay document written about 2300 B.C. in the Sumerian city-state of Lagash.
    spacer gif