Dynamic ticket pricing is a good thing
Nelson Algren said it best: Never play cards with a man called Doc, never eat at a place called Mom’s, never sleep with a woman whose troubles are worse than your own, and never start spewing stuff about economics when you obviously don’t know what you’re talking about. Here’s SF Weekly’s Joe Eskenazi on the Giants’ new dynamic ticket pricing:
Baseball writer/economics professor J.C. Bradbury schools him:
I’m not really all that sympathetic. People are paying a price for a product they value at that price or higher, I’m not seeing a downside. You used to be able to buy something you valued more for less, and now you have to pay a higher price that is still equivalent to or less than what you value the product. And when the product is a baseball game, cry me a river in the name of social justice.
OK, that was the fun part, not the schooling part. For that you’ll have to click through and read why it makes perfect sense -- for everyone -- for teams to do the dynamic pricing thing.