IDEAS home Printed from https://ideas.repec.org/a/sae/toueco/v20y2014i6p1215-1233.html
   My bibliography  Save this article

A Hedonic Pricing Model of Lift Tickets for US Alpine Ski Areas: Examining the Influence of Crowding

Author

Listed:
  • Robert C. Fonner
  • Robert P. Berrens

Abstract

This study applies the hedonic pricing model to lift ticket prices from 2011 for 181 alpine ski areas in the USA. Marginal implicit prices are estimated for a variety of ski area physical characteristics and skier amenities. While controlling for these other attributes, the analysis also investigates crowding effects in alpine downhill skiing. Increased crowding, approximated by additional skiers per hour per acre, is shown to raise lift ticket prices at first, before exerting a negative impact on lift ticket prices at high levels of crowding. The results provide evidence for the existence of both agglomeration and congestion effects in downhill skiing and support previous findings of non-linear crowding effects in other outdoor recreation activities.

Suggested Citation

  • Robert C. Fonner & Robert P. Berrens, 2014. "A Hedonic Pricing Model of Lift Tickets for US Alpine Ski Areas: Examining the Influence of Crowding," Tourism Economics, , vol. 20(6), pages 1215-1233, December.
    • Handle: RePEc:sae:toueco:v:20:y:2014:i:6:p:1215-1233
    DOI: 10.5367/te.2013.0338
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.5367/te.2013.0338
    Download Restriction: no
    File URL: https://libkey.io/10.5367/te.2013.0338?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Stefan Borsky & Paul A. Raschky, 2009. "The Hedonics of Hedonism – Estimating the Value of Risk‐Taking Activities," Kyklos, Wiley Blackwell, vol. 62(2), pages 210-225, April.
    2. Boxall, Peter & Rollins, Kimberly & Englin, Jeffrey, 2003. "Heterogeneous preferences for congestion during a wilderness experience," Resource and Energy Economics, Elsevier, vol. 25(2), pages 177-195, May.
    3. K. G. Mäler & J. R. Vincent (ed.), 2005. "Handbook of Environmental Economics," Handbook of Environmental Economics, Elsevier, edition 1, volume 3, number 3.
    4. Timothy C. Haab & Kenneth E. McConnell, 2002. "Valuing Environmental and Natural Resources," Books, Edward Elgar Publishing, number 2427.
    5. Peter Schuhmann & Kurt Schwabe, 2004. "An Analysis of Congestion Measures and Heterogeneous Angler Preferences in a Random Utility Model of Recreational Fishing," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 27(4), pages 429-450, April.
    6. Barro, Robert J & Romer, Paul M, 1987. "Ski-Lift Pricing, with Applications to Labor and Other," American Economic Review, American Economic Association, vol. 77(5), pages 875-890, December.
    7. Lin, Pei-Chien & Adams, Richard M. & Berrens, Robert P., 1996. "Welfare Effects Of Fishery Policies: Native American Treaty Rights And Recreational Salmon Fishing," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 21(2), pages 1-14, December.
    8. Vasquez Lavin, Felipe & Hanemann, W. Michael, 2008. "Taste Indicators and Heterogeneous Revealed Preferences for Congestion in Recreation Demand," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt4rz5z706, Department of Agricultural & Resource Economics, UC Berkeley.
    9. James Mulligan, 2011. "Market size, service quality and competition in the US downhill ski industry," Applied Economics Letters, Taylor & Francis Journals, vol. 18(15), pages 1497-1500.
    10. James G. Mulligan & Emmanuel Llinares, 2003. "Market Segmentation and the Diffusion of Quality-Enhancing Innovations: The Case of Downhill Skiing," The Review of Economics and Statistics, MIT Press, vol. 85(3), pages 493-501, August.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Erik Haugom & Iveta Malasevska & Gudbrand Lien, 2021. "Optimal pricing of alpine ski passes in the case of crowdedness and reduced skiing capacity," Empirical Economics, Springer, vol. 61(1), pages 469-487, July.
    2. Thomas Bausch & Andreas Humpe & Stefan Gössling, 2019. "Does Climate Change Influence Guest Loyalty at Alpine Winter Destinations?," Sustainability, MDPI, vol. 11(15), pages 1-22, August.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Wolff, François-Charles, 2014. "Lift ticket prices and quality in French ski resorts: Insights from a non-parametric analysis," European Journal of Operational Research, Elsevier, vol. 237(3), pages 1155-1164.
    2. François-Charles Wolff, 2014. "Lift ticket prices and quality in French ski resorts: Insights from a non-parametric analysis," Working Papers hal-00952999, HAL.
    3. Sergio Alessandrini, 2013. "Quality of Ski Resorts and Competition Between the Emilian Apennines and Altipiani Trentini. an Estimate of the Hedonic Price," Review of Economic Analysis, Digital Initiatives at the University of Waterloo Library, vol. 5(1), pages 42-69, June.
    4. Kerstin K Zander & Gillian B Ainsworth & Jürgen Meyerhoff & Stephen T Garnett, 2014. "Threatened Bird Valuation in Australia," PLOS ONE, Public Library of Science, vol. 9(6), pages 1-9, June.
    5. Philippe Le Goffe & Julien Salanie, 2004. "Recreational fishing in France : Market or institutional failures ?," Post-Print hal-02338173, HAL.
    6. Bujosa Bestard, Angel & Font, Antoni Riera, 2009. "Environmental diversity in recreational choice modelling," Ecological Economics, Elsevier, vol. 68(11), pages 2743-2750, September.
    7. Paul Mwebaze & Jeff Bennett & Nigel W. Beebe & Gregor J. Devine & Paul Barro, 2018. "Economic Valuation of the Threat Posed by the Establishment of the Asian Tiger Mosquito in Australia," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 71(2), pages 357-379, October.
    8. Felipe Vásquez & Michael Hanemann, 2008. "Taste Indicators and Heterogeneous Revealed Preferences for Congestion in Recreation Demand," Working Papers 10-2008, Departamento de Economía, Universidad de Concepción.
    9. Stefan Borsky & Paul A. Raschky, "undated". "Estimating the Option Value of Exercising Risk-taking Behavior with the Hedonic Market Approach," Working Papers 2008-14, Faculty of Economics and Statistics, Universität Innsbruck.
    10. Steven B Caudill & Ermanno Affuso & Ming Yang, 2015. "Registered sex offenders and house prices: An hedonic analysis," Urban Studies, Urban Studies Journal Limited, vol. 52(13), pages 2425-2440, October.
    11. Ahlheim, Michael & Frör, Oliver & Heinke, Antonia & Duc, Nguyen Minh & Dinh, Pham Van, 2010. "Labour as a utility measure in contingent valuation studies: how good is it really?," FZID Discussion Papers 13-2010, University of Hohenheim, Center for Research on Innovation and Services (FZID).
    12. Richard C. Bishop & Kevin J. Boyle, 2019. "Reliability and Validity in Nonmarket Valuation," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 72(2), pages 559-582, February.
    13. Grilli, Gianluca & Mukhopadhyay, Soumyadeep & Curtis, John & Hynes, Stephen, 2019. "Recreational angling demand in a mixed resource fishery," Papers WP622, Economic and Social Research Institute (ESRI).
    14. Andrea Báez-Montenegro & Ana Bedate Centeno & José à ngel Sanz Lara & Luis Cesar Herrero Prieto, 2016. "Contingent valuation and motivation analysis of tourist routes," Tourism Economics, , vol. 22(3), pages 558-571, June.
    15. Rolfe, John & Prayaga, Prabha, 2007. "Estimating values for recreational fishing at freshwater dams in Queensland," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 51(2), pages 1-18.
    16. Michael Kaplowitz & Frank Lupi & Oscar Arreola, 2012. "Local Markets for Payments for Environmental Services: Can Small Rural Communities Self-Finance Watershed Protection?," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 26(13), pages 3689-3704, October.
    17. Halkos, George, 2012. "The use of contingent valuation in assessing marine and coastal ecosystems’ water quality: A review," MPRA Paper 42183, University Library of Munich, Germany.
    18. Stefan Borsky & Paul A. Raschky, 2009. "The Hedonics of Hedonism – Estimating the Value of Risk‐Taking Activities," Kyklos, Wiley Blackwell, vol. 62(2), pages 210-225, April.
    19. Hervani, Aref Agahei & Sarkis, Joseph & Helms, Marilyn M., 2017. "Environmental goods valuations for social sustainability: A conceptual framework," Technological Forecasting and Social Change, Elsevier, vol. 125(C), pages 137-153.
    20. Kim, Ju-Hee & Yoo, Seung-Hoon, 2020. "South Koreans’ perspective on assisting the power supply to North Korea: Evidence from a contingent valuation," Energy Policy, Elsevier, vol. 139(C).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:toueco:v:20:y:2014:i:6:p:1215-1233. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.