The University of Massachusetts Amherst

Jonathan Wynn, 2017 PEP Fellow, comments in a story about the high cost of concert tickets, with shows featuring stars like Beyoncé and Taylor Swift commanding thousands of dollars for some seats

The sociology professor is quoted in an article discussing the “dynamic pricing” model which increases prices with demand in real-time. With concert tickets for big-name artists now rivaling the median monthly mortgage payment in Massachusetts, certain live music experiences will again become a pastime for the affluent. Wynn says tickets to see lesser-known artists at smaller venues can be had for much less. “You’re going to spend $5,000 on a ticket? How many Tuesday night shows could you see for that at a local club?” Wynn says. Read more here.

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