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Comment by nradov

You're logically and economically correct, but people have a visceral negative emotional reaction to arbitrageurs since they didn't do anything to "earn" their profits. The only way to eliminate scalping would be for the original sellers to raise prices to match the clearing price (perhaps with auctions) but the optics on that are also bad since artists don't like to seem too greedy.
parent nradov 9 years ago

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