Why do amusement parks only charge a fixed admission fee?

Dachrahn Wu, Nien Pen Liu

Research output: Contribution to journalArticlepeer-review

1 Scopus citations

Abstract

We come up with some explanations on why amusement parks adopt pass pricing even when no additional transaction costs exist for implementing non-linear pricing schemes: the related factors include much fun generated by any ride and a higher transportation cost.

Original languageEnglish
Pages (from-to)180-185
Number of pages6
JournalEconomics Letters
Volume95
Issue number2
DOIs
StatePublished - May 2007

Keywords

  • Amusement parks
  • Hybrid Contract
  • Non-linear pricing
  • Pass pricing
  • Pooling Contract

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