It absolutely applies to ticket scalping, as much as we may hate to admit it.
You can do a Google search for economics of ticket scalping and the overwhelming consensus is that it benefits both buyers and sellers.
You can do a Google search for economics of ticket scalping and the overwhelming consensus is that it benefits both buyers and sellers.
I’ve also sold an extra ticket for a friend by just walking up to a random person standing in the ticket line and offering it to them for face value (which saved them money on the ticket counter markup).
Both cases involved turning what would have been a complete loss into less than a complete loss. Never felt bad about the scalpers loosing money because they knew the risks and my friend was just going to eat the loss because whoever the ticket was for couldn’t make the show for whatever reason and I was like “I’ll get rid of it for you”.
(If you're claiming that buyers benefit from being able to buy a ticket that was purchased but then was not wanted, then that's true - but that's not scalping. Scalping is specifically buying a ticket with the intention to resell it for a higher price, _not_ reselling a ticket that was genuinely wanted at the time but was then unusable due to other conditions)
Or is this just a hidden sarcasm?