Michael Munger on Ticket Scalping and Opportunity Cost

10/04/2006 29 min Episodio 2
Michael Munger on Ticket Scalping and Opportunity Cost

Listen "Michael Munger on Ticket Scalping and Opportunity Cost"

Episode Synopsis

Michael Munger of Duke University talks with Russ Roberts 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.