A Hedonic Price Model for Ski Lift Tickets

  title={A Hedonic Price Model for Ski Lift Tickets},
  author={Martin Falk},
Using a unique database of 85 ski resorts and 1,524 lifts and cable cars in Austria, we investigate the relationship between lift ticket prices for the 2005-2006 season and factors that influence the quality of ski resorts. We estimate a hedonic price function using OLS and robust regression techniques on length of ski runs, transport capacity (measured as vertical transport metres per hour), share of modern high-speed chairlifts and gondolas, age of mountain transport facilities, and measures… CONTINUE READING


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