How Taylor Swift Fans Broke Economics
Swifties have the same mental biases as the rest of us, making them reluctant to sell even at eye-watering prices Taylor Swift ended the European leg of her Eras tour on Tuesday at London’s Wembley Stadium, delighting nearly 100,000 cheering “Swifties”—but leaving many who couldn’t snag
Swifties have the same mental biases as the rest of us, making them reluctant to sell even at eye-watering prices
Taylor Swift ended the European leg of her Eras tour on Tuesday at London’s Wembley Stadium, delighting nearly 100,000 cheering “Swifties”—but leaving many who couldn’t snag a ticket disappointed. One reason: the failure of the secondary market in tickets. Swifties have the same mental biases as the rest of us, making them reluctant to sell even at eye-watering prices.