- Joined
- Nov 14, 2022
!???Scalpers by definition exacerbate the problem of supply and demand, try harder.
Supply and demand are not problems, they are facts
It's like saying that gravity is a problem
I mentioned three criteria that need to be there in order for scalping to be possible in the first place: Limited supply, a listed price, a listed price lower than the market-clearing price.
If the supply of pokemon cards is unlimited, and a high demand can be offset by making more of them, scalping can't happen.
If there is no listed price on the pokemon card packs and people are free to buy and sell them via negotiating, with no "reference" price, like stocks, then scalping can't happen.
If the listed price for pokemon card packs were super high, such as $1000 for a pack, which is presumably higher than the market clearing price, scalping can't happen.
In other words, an excess demand meets a limited supply. The problem is thus rationing.
How do you ration? Either you use monetary methods or nonmonetary methods, like first come first serve, or discrimination, or political favors, or nepotism, or similar things.