Our basic findings suggest that the auctions “worked”: price discovery substantially improved; artist revenues roughly doubled versus the fixed-price counterfactual; and, perhaps most importantly, the auctions eliminated or at least substantially reduced potential resale profits for speculators.... And yet, over the decade that has passed since the time of the data, rather than coming into more widespread use, primary-market auctions for event tickets instead disappeared.... We conclude by speculating as to why the auctions failed to take off. As discussed in the introduction....
They don't seem to mention the most obvious reason: the same companies profit from both the primary and secondary market. Why would TicketMaster want to reduce the number of resales when it collects fees on them?
> They don't seem to mention the most obvious reason: the same companies profit from both the primary and secondary market.
That's not true. Ticketmaster has a monopoly (or near-monopoly) on the primary market. On the secondary market they have a fraction of the market; the dominant players are StubHub, SeatGeek, and Vivid. Furthermore, most of the revenue from primary ticket sales goes to the venue and the artist/promoter, and they are usually completely disintermediated from the resale market.
Eventellect builds algorithmic systems for live event ticketing. We’re on a mission to fix ticketing for fans and teams -- eliminating inefficiencies, replacing opaque pricing, and getting the right tickets directly to the right fans at the right time. We work directly with both sports teams and other major live events, directly shaping revenue, attendance, and fan experience at scale.
We’re hiring for:
Full-Stack Engineers (Senior+)
Own and build complete systems. Work on real-time pricing, inventory management, and internal/external tooling. Looking for strong fundamentals, ownership, and good judgment.
Data Platform Engineers (Staff / Principal)
Own the data stack and internal data products. Design core data models, pipelines, and standards that support analytics, modeling, and operations. High-impact role with real ownership.
What we’re looking for:
Strong builders who thrive in messy real-world problem spaces, take ownership, and ship.
Email me directly at sgrondahl [at] eventellect [dot] com (Subject line should start with "HN")
> what has the war on drugs really ended up accomplishing?
I haven't studied this extensively, and I know that it's widely accepted that the war on drugs was unsuccessful, but I would caution against conflating "it didn't completely solve the problem" with "it had no positive impact at all." As a parent comment mentioned, periods of prohibition are generally associated with lower consumption overall (across both legal and illegal channels).
We're not talking about a war on drugs that "didn't completely solve the problem", we're talking about one that made the problem ten times worse and fucked up society in the process.
It doesn't matter if it had any positive impact, the negative impact outweigh them so much it's a downright crime against humanity that imprisoned millions of people in a system that constitutes modern day slave labor.
Do you have a source for that cost attribution? Based on my time there (slightly more recent than yours), that breakdown feels roughly correct. However, I've been trying to find similar information and have found it difficult even for public universities.
The institution publishes its budget. 10 seconds of DDG search found this page: https://vpf.mit.edu/about-vpf/publications Looks like tuition is becoming less important over the Covid period and grad+ug is down to 9% of revenue.
They have a nice presentation with various charts and such which is where I get this info myself. I don’t know if it’s online. I forget how I got it when I was in school but now the people who come visit from the development office bring it with them because they know I’m interested.
Fairmarkit is the intelligent sourcing platform that empowers organizations to more efficiently purchase the goods and services they need. By equipping procurement and supply-chain teams with automation and data, Fairmarkit promotes competitive bidding while reducing manual work within existing processes. Fairmarkit has been recognized with awards by organizations such as Gartner and IDC, and is backed by strategic investors like GGV Capital, Insight Partners, 1984.VC, and Newfund.
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If you would have opened it, you would have seen that the spreadsheet has exactly what you're asking for... reimbursement rates by DRG/CPT code and insurer. You're right that in many cases the rates paid by different insurers vary significantly.
No it doesn't. That's the charges hospitals charge for patients under those plans
What I am asking for is completely different.
I want to know what insurers pay out by procedure code by provider. There's a reason why insurers lobbied against providing this information under this law.
