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Price Discrimination At The Links

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  • STEPHEN SHMANSKE

Abstract

This paper reports on an econometric analysis of the pricing structures at 46 public access golf courses in the San Francisco area. Comparisons among several attempts to get a generic measure of price discrimination suggest that the standard deviation of the prices charged is the best measure. Using narrowly cast measures of price discrimination, the paper successfully distinguishes among several different types. Measures of price discrimination can be significant regressors, yet the overwhelming majority of existing work excludes such a variable, leading to biased estimates of the other parameters.

Suggested Citation

  • Stephen Shmanske, 1998. "Price Discrimination At The Links," Contemporary Economic Policy, Western Economic Association International, vol. 16(3), pages 368-378, July.
    • Handle: RePEc:bla:coecpo:v:16:y:1998:i:3:p:368-378
    DOI: 10.1111/j.1465-7287.1998.tb00526.x
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    References listed on IDEAS

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    1. M. Barry Goldman & Hayne E. Leland & David S. Sibley, 1984. "Optimal Nonuniform Prices," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 51(2), pages 305-319.
    2. Spulber, Daniel F, 1992. "Optimal Nonlinear Pricing and Contingent Contracts," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 33(4), pages 747-772, November.
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    4. Walter Y. Oi, 1971. "A Disneyland Dilemma: Two-Part Tariffs for a Mickey Mouse Monopoly," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 85(1), pages 77-96.
    5. A. Michael Spence, 1980. "Multi-Product Quantity-Dependent Prices and Profitability Constraints," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 47(5), pages 821-841.
    6. Katz, Michael L, 1984. "Price Discrimination and Monopolistic Competition," Econometrica, Econometric Society, vol. 52(6), pages 1453-1471, November.
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    Cited by:

    1. John Loomis & Omer Tadjion & Philip Watson & Josh Wilson & Stephen Davies & Dawn Thilmany, 2009. "A Hybrid Individual—Zonal Travel Cost Model for Estimating the Consumer Surplus of Golfing in Colorado," Journal of Sports Economics, , vol. 10(2), pages 155-167, April.
    2. James G. Mulligan, 2001. "The Pricing of a Round of Golf," Journal of Sports Economics, , vol. 2(4), pages 328-340, November.
    3. 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.
    4. Boumtje, Pierre I. & Florkowski, Wojciech J. & Landry, Gil W., Jr. & Escalante, Cesar L., 2004. "Factors Affecting The Profitability Of Golf Courses In Georgia," 2004 Annual Meeting, February 14-18, 2004, Tulsa, Oklahoma 34664, Southern Agricultural Economics Association.
    5. Stephen Shmanske, 2000. "Gender, Skill, and Earnings in Professional Golf," Journal of Sports Economics, , vol. 1(4), pages 385-400, November.
    6. David J. Berri & Martin B. Schmidt & Stacey L. Brook, 2004. "Stars at the Gate," Journal of Sports Economics, , vol. 5(1), pages 33-50, February.
    7. Stephen Shmanske, 1999. "The economics of golf course condition and beauty," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 27(3), pages 301-313, September.

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