Can ticket “scalping” be justified? Explain using economic analysis

Please provide the best answer for the statement.

Ticket “scalping” refers to the practice of reselling tickets at a price higher than stated on the ticket. This economic activity often occurs with athletic and artistic events. It can be justified for several reasons. First, ticket resale’s are voluntary—both buyer and seller must feel that they gain or they would not agree to the transaction. Second, scalping simply redistributes tickets from those who value them less than money to those who value them more than the money they’re willing to pay. Third, sponsors of the event may be injured, but if that is the case, they should have priced the tickets higher. Fourth, spectators are not hurt because those who want to go the most to the event are getting the tickets. In summary, both seller and buyer benefit and event sponsors are the only ones who may lose, but that is due to their own error in pricing and they would have lost from this error whether or not the scalping occurred.