Ticket Pricing under Demand Uncertainty
研究垄断者在消费者随时间了解自身需求时如何定价，发现配给和跨期销售非最优，允许转售也无法提高利润。
This paper studies the case of a monopolist who sells tickets to consumers who learn new information about their demands over time. The monopolist can sell early to uninformed consumers and/or close to the event date to informed ones, or it can ration tickets and allow ticket holders to resell. I show that rationing and intertemporal sales are never optimal. More surprising, the monopolist cannot do strictly better by allowing resale. I discuss the implications of the model for the pricing practices observed in ticket markets.