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In this paper, we evaluate a fast-track ticket alternative in the alpine skiing industry. Using data from a survey of skiers at a major ski resort in Norway, we estimate price-response functions and optimal fast-track ticket prices. We also analyse (using regression analysis) the main...
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A general assumption of the standard hedonic price model is that producers produce outputs/services efficiently, and deviations from this situation are assumed to involve either overcharging or undercharging. We consider an alternative hedonic model, where we assume that, among the alternative...
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