PRICE DISCRIMINATION AT THE LINKS

Stephen Shmanske

Contemporary Economic Policy, 1998, vol. 16, issue 3, 368-378

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.

Date: 1998
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