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CalgaryNEXT, Ticket Prices, and Scarcity Economics

We've discussed a lot of different aspects of the CalgaryNEXT development around these parts lately, and today I want to discuss something that's been bothering me a little bit.

The Calgary Sports and Entertainment Corporation are asking for a fair amount of public money to build their arena. To actually get into the building to watch professional sporting event in the new building, such as a Calgary Flames game, people will have to pay again through buying a ticket.

Scarcity economics is what's bothering me in regards to event costs.

Right now, the Scotiabank Saddledome seats roughly 19,289 paying customers.