Markets, Clans, and Arbitrage
A Participant-Observation Study of 'Coopetition' Among Baseball Ticket Scalpers
Bibliographic Data
| ID | 2291842 |
|---|---|
| Authors | Barry Bozeman (0000-0002-8084-3379, Arizona State University, corresponding author), Gabel Taggart (0000-0002-4703-7834, Arizona State University) |
| Year | 2018 |
| Volume | 88 |
| Issue | 3 |
| Pages | 535-558 |
| Publication date | 2018-08-01 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Sociological Inquiry (JOURNAL) |
| Journal identifiers | ISSN: 0038-0245 • E-ISSN: 1475-682X |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1111/soin.12221 |
| OpenAlex | W2793912056 |
| Language | EN |
| References cited | 38 |
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
Arbitrage · Business · Clan · Computer security · Coopetition · Economics · Financial economics · Focus (optics) · Market economy · Participant observation · Social science · Sociology · Ticket · Business Strategy and Innovation · Computer Science · Marketing · Wine Industry and Tourism
Social Network Analysis
Trustworthiness as a Source of Competitive Advantage
The arbitrage theory of capital asset pricing
The Relational View
Coopetition” in Business Networks—to Cooperate and Compete Simultaneously
Co-opetition between giants
Market, Hierarchy, and Trust
Social Structure of “Coopetition” Within a Multiunit Organization
Organizations in Action
The Discovery of Grounded Theory
On the Division of Labor in Society
A Theory of Fairness, Competition, and Cooperation
Marketing as Exchange
Operating Room
Social Capital in the Creation of Human Capital
The Economics of Organization
Co-operation and Competition in a Bureaucracy
| Highly cited | No |
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