Inefficient for whom? The only person who is affected by a low price is Louis CK. He already said that he's making more than enough money for himself so that he's content, so as a show of good will, he's trying his best to lower the cost of the tickets for his fans. For his fans, it's good. Sure, he could make more money by increasing the prices of his tickets, but he doesn't want to do that because he wants to pass along the cost savings to his fans.
Also, he recognizes that he can't lower the price and not deal with the scalper problem, so he is attacking it by doing his best to traffic anyone who tries to sell his tickets for above face value. If this works, then it solves the problem of the scalpers not being able to make a profit, and Louis CK being able to keep ticket prices low for his fans.
The idea that "true" fans are being locked out by "superficial" fans is just plain dumb. What makes a "true" fan vs a "superficial" fan? If I've only seen one of his concerts on HBO, that means that I'm not eligible to go see him live? Do we really need a pissing contests between fans to see who really "deserves" to go see him live? That's dumb.
Also, he recognizes that he can't lower the price and not deal with the scalper problem, so he is attacking it by doing his best to traffic anyone who tries to sell his tickets for above face value. If this works, then it solves the problem of the scalpers not being able to make a profit, and Louis CK being able to keep ticket prices low for his fans.
The idea that "true" fans are being locked out by "superficial" fans is just plain dumb. What makes a "true" fan vs a "superficial" fan? If I've only seen one of his concerts on HBO, that means that I'm not eligible to go see him live? Do we really need a pissing contests between fans to see who really "deserves" to go see him live? That's dumb.