Ticket Scalping: A Repugnant Transaction
The notion of a “repugnant transaction” suggests that consumer distaste for certain kinds of transactions may ultimately hinder the growth of a market. Alvin E. Roth’s ‘Repugnance as a Constraint on Markets’ [pdf] looks at historic markets such as slavery, dwarf tossing, or the sale of human organs where repugnance effected changes or restrictions on markets…
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