Researcher ORCID Identifier

0009-0000-5538-3430

Graduation Year

2023

Date of Submission

4-2023

Document Type

Open Access Senior Thesis

Degree Name

Bachelor of Arts

Department

Economics

Reader 1

Laura Grant

Rights Information

© 2023 Roman A Bergeron

Abstract

The creation of the Epic and Ikon passes has given the public new unprecedented access to the world's top ski resorts. This study uses data on resort characteristics for 213 mountain resorts located in the USA to analyze whether the two megapass companies are overcharging customers for the quality of their mountain resorts. Through the lens of a Free Disposal Hull Model and a Hedonic Pricing Model, this study finds results in accordance with previous literature. The Free Disposal Hull Model finds that mega-mountain resorts charged $20.89 more than comparable resorts during the 2022-2023 season. Furthermore, the Hedonic Pricing Model estimates that mega-mountain resorts located in the Western region have increased their price premium by 21.87% since 2020. It also estimates that mega-mountain resorts charge significantly higher prices than cooperation-owned mountain resorts.

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