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Peak-Load Versus Discriminatory Pricing: Evidence from the Golf Industry

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  • Frank Limehouse
  • Michael Maloney
  • Kurt Rotthoff

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  • Frank Limehouse & Michael Maloney & Kurt Rotthoff, 2012. "Peak-Load Versus Discriminatory Pricing: Evidence from the Golf Industry," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 40(3), pages 151-165, May.
    • Handle: RePEc:kap:revind:v:40:y:2012:i:3:p:151-165
    DOI: 10.1007/s11151-011-9322-8
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    References listed on IDEAS

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    3. Jack Hirshleifer, 1958. "Peak Loads and Efficient Pricing: Comment," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 72(3), pages 451-462.
    4. William J. Baumol & Robert D. Willig, 1981. "Fixed Costs, Sunk Costs, Entry Barriers, and Sustainability of Monopoly," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 96(3), pages 405-431.
    5. Shepard, Andrea, 1991. "Price Discrimination and Retail Configuration," Journal of Political Economy, University of Chicago Press, vol. 99(1), pages 30-53, February.
    6. Ted Bergstrom & Jeffrey K. MacKie-Mason, 1991. "Some Simple Analytics of Peak-Load Pricing," RAND Journal of Economics, The RAND Corporation, vol. 22(2), pages 241-249, Summer.
    7. Arellano, M. Soledad & Serra, Pablo, 2007. "Spatial peak-load pricing," Energy Economics, Elsevier, vol. 29(2), pages 228-239, March.
    8. Frank F. Limehouse & Peter C. Melvin & Robert E. McCormick, 2010. "The Demand for Environmental Quality: An Application of Hedonic Pricing in Golf," Journal of Sports Economics, , vol. 11(3), pages 261-286, June.
    9. Escobari, Diego, 2009. "Systematic peak-load pricing, congestion premia and demand diverting: Empirical evidence," Economics Letters, Elsevier, vol. 103(1), pages 59-61, April.
    10. Meghan Busse & Marc Rysman, 2005. "Competition and Price Discrimination in Yellow Pages Advertising," RAND Journal of Economics, The RAND Corporation, vol. 36(2), pages 378-390, Summer.
    11. Escobari, Diego, 2009. "Systematic peak-load pricing, congestion premia and demand diverting: Empirical evidence from airlines," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 103(1), pages 59-61.
    12. Phillip Leslie, 2004. "Price Discrimination in Broadway Theater," RAND Journal of Economics, The RAND Corporation, vol. 35(3), pages 520-541, Autumn.
    13. Eshien Chong & Freddy Huet & Stéphane Saussier & Faye Steiner, 2006. "Public-Private Partnerships and Prices: Evidence from Water Distribution in France," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 29(1), pages 149-169, September.
    14. Ron Borzekowski & Raphael Thomadsen & Charles Taragin, 2009. "Competition and price discrimination in the market for mailing lists," Quantitative Marketing and Economics (QME), Springer, vol. 7(2), pages 147-179, June.
    15. Dan Berry & Franklin Mixon, 1999. "Multiproduct Outputs and Scale Economies in Electric Power Production: Some New Estimates," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 15(1), pages 65-76, August.
    16. James G. Mulligan, 2001. "The Pricing of a Round of Golf," Journal of Sports Economics, , vol. 2(4), pages 328-340, November.
    17. Borenstein, Severin & Rose, Nancy L, 1994. "Competition and Price Dispersion in the U.S. Airline Industry," Journal of Political Economy, University of Chicago Press, vol. 102(4), pages 653-683, August.
    18. Michael Maloney, 2001. "Economies and Diseconomies: Estimating Electricity Cost Functions," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 19(2), pages 165-180, September.
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    20. Stephen Shmanske, 2004. "Market Preemption and Entry Deterrence: Evidence from the Golf Course Industry," International Journal of the Economics of Business, Taylor & Francis Journals, vol. 11(1), pages 55-68.
    21. Peter O. Steiner, 1957. "Peak Loads and Efficient Pricing," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 71(4), pages 585-610.
    22. Severin Borenstein, 1985. "Price Discrimination in Free-Entry Markets," RAND Journal of Economics, The RAND Corporation, vol. 16(3), pages 380-397, Autumn.
    23. Arellano, Maria-Soledad & Serra, Pablo, 2007. "A model of market power in electricity industries subject to peak load pricing," Energy Policy, Elsevier, vol. 35(10), pages 5130-5135, October.
    24. James M. Buchanan, 1966. "Peak Loads and Efficient Pricing: Comment," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 80(3), pages 463-471.
    25. Elizabeth E. Bailey & Lawrence J. White, 1974. "Reversals in Peak and Offpeak Prices," Bell Journal of Economics, The RAND Corporation, vol. 5(1), pages 75-92, Spring.
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    Cited by:

    1. Cathy A. Enz & Linda Canina, 2017. "Competitive pricing in the golf industry," Journal of Revenue and Pricing Management, Palgrave Macmillan, vol. 16(2), pages 139-153, April.

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    More about this item

    Keywords

    Golf; Peak-load pricing; Price discrimination; L11; L83; L33;
    All these keywords.

    JEL classification:

    • L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism
    • L33 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Comparison of Public and Private Enterprise and Nonprofit Institutions; Privatization; Contracting Out

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