The Dalai Lama is coming to UO and will give a talk at the Matt Court basketball arena. Diane Dietz of the Register Guard reports that the tickets, which UO sold for $20 on a first-come first-served basis, with all proceeds to go to charity, are worth considerably more:
But a ticket broker, Ticket Liquidator, is proffering tickets online for the Dalai Lama’s Eugene appearance at more than ten times the UO’s original $20 price, ranging from $225 to $282 a seat.
Design a mechanism for ticket allocation that is
- Pareto efficient
- consistent with Buddhist beliefs about economics.
Note that Al Roth, winner of the 2012 Nobel Prize in Economics for his work on mechanism design, punted on this one. 4/1/2013.
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