TY - JOUR
T1 - Markets, Clans, and Arbitrage
T2 - A Participant-Observation Study of “Coopetition” Among Baseball Ticket Scalpers
AU - Bozeman, Barry
AU - Taggart, Gabel
N1 - Publisher Copyright:
© 2018 Alpha Kappa Delta: The International Sociology Honor Society
PY - 2018/8
Y1 - 2018/8
N2 - We report on a participant-observation study of baseball ticket scalpers at Chase Field in Phoenix, Arizona. Ours is a study of the market behavior of individuals working in clans. We focus on the social organization of clans and, particularly, how scalpers establish territories and engage in cooperative behavior while, at the same, time competing aggressively. The clans govern transactions not according to straightforward economic exchange or by formal rules and regulation emanating from legitimate authority, but rather through shared goals and shared values, with behavior expectations grounded in familiarity, common history, and mutual trust. During conversations with scalpers, we determined that a few of them, but not the majority, consult StubHub on a real-time basis to help them determine their spot market ticket prices. Conclusion: The rise of Internet secondary markets for tickets may ultimately have adverse consequences for street vendors, but at present, it seems more advantageous than disadvantageous.
AB - We report on a participant-observation study of baseball ticket scalpers at Chase Field in Phoenix, Arizona. Ours is a study of the market behavior of individuals working in clans. We focus on the social organization of clans and, particularly, how scalpers establish territories and engage in cooperative behavior while, at the same, time competing aggressively. The clans govern transactions not according to straightforward economic exchange or by formal rules and regulation emanating from legitimate authority, but rather through shared goals and shared values, with behavior expectations grounded in familiarity, common history, and mutual trust. During conversations with scalpers, we determined that a few of them, but not the majority, consult StubHub on a real-time basis to help them determine their spot market ticket prices. Conclusion: The rise of Internet secondary markets for tickets may ultimately have adverse consequences for street vendors, but at present, it seems more advantageous than disadvantageous.
UR - http://www.scopus.com/inward/record.url?scp=85042548538&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=85042548538&partnerID=8YFLogxK
U2 - 10.1111/soin.12221
DO - 10.1111/soin.12221
M3 - Article
AN - SCOPUS:85042548538
SN - 0038-0245
VL - 88
SP - 535
EP - 558
JO - Sociological Inquiry
JF - Sociological Inquiry
IS - 3
ER -