PRICE-DISCRIMINATION AT THE LINKS

This paper reports on an econometric analysis of the pricing structure s at 46 public access golf courses in the San Francisco area. Comparis ons among several attempts to get a generic measure of price discrimin ation suggest that the standard deviation of the prices charged is the best measure. Using narrowly cast measures of price discrimination, t he paper successfully distinguishes among several different types. Mea sures of price discrimination can be significant regressors, yet the o verwhelming majority of existing work excludes such a variable, leadin g to biased estimates of the other parameters.