Faulty reasoning signals

• Confirmation Bias - 11.1% (42 hits)
• Anchoring Bias - 25% (95 hits)
• Availability Heuristic - 25.3% (96 hits)
• Representativeness Heuristic - 1.3% (5 hits)
• Hindsight Bias - 0%
• Overconfidence Bias - 1.1% (4 hits)
• Framing Effect - 30.5% (116 hits)
• Loss Aversion - 6.6% (25 hits)
• Status Quo Bias - 0%
• Sunk Cost Effect - 0%
• Optimism Bias - 0%
• Pessimism Bias - 0%

Article text

Premium movie tickets for The Odyssey and Dune 3 resold for hundreds of dollars online

One of the biggest movies of the summer is just days away.

>> Help me go home.

>> But movie fans may have to go on an odyssey of their own to see it.

>> Keep saying error error error error.

>> Some of the fans already already sold out.

>> Premium seats for Christopher Nolan's eagerly anticipated new flick The Odyssey selling fast.

>> For 2 hours I sat refreshing the page.

>> What if I can't?

>> The movie from our sister company Universal Pictures is the first film to be entirely shot with 70 mm IMAX cameras.

Traditional 35 mm film fills a standard wide screen, while IMAX 70 mm film reveals much more of the image above and below.

It's a format available at only 25 theaters nationwide.

So when tickets went on sale for opening weekend, it was a bloodbath.

>> Felt like Beyoncé tickets.

It was crazy for movie.

>> Resellers trying to cash in on the hype asking as much as $2,000 for tickets to early showings.

>> I'm not paying 500 bucks for myself.

>> Similar tickets for June 3 also listed in the hundreds of dollars months before its December release.

IMAX tickets already cost almost $8 more than the average price for a seat in a theater.

>> There is so much fan demand for these premium format tickets that more than 20% of the domestic opening for some of last year's biggest movies came from IMAX sales alone.

>> It's a real bright spot in an industry that's had a hard past 6 years.

It's changed movie making.

>> Aaron Couch is a film editor at The Hollywood Reporter.

How important is it for movies to premium tickets as part of the experience?

>> If you are a movie studio, it is essential.

You are leaving money on the table if you don't do this.

>> A battle for the box office all for an epic experience at the movies.

Chloe Melas, NBC News, New York.

>> We thank you for watching and remember stay updated on breaking news and top stories on the NBC News app or watch live on our YouTube channel.