- Paper: Identifying own- and cross-price effects using contingent valuation of college sports tickets
- Authors: Francisco Rosas (Universidad ORT Uruguay Center for Economic Research), Santiago Acerenza (Universidad ORT Uruguay), Peter Orazem (Iowa State University)
- Speaker: Francisco Rosas
- Event: BCU Economics Conference
- Location: Montevideo, Uruguay
- Date: August 19, 2016
In the context of contingent valuation and using a qualitative dependent variable model applied to sports event tickets, this study identifies observable and unobservable preferences for various sports.
We propose an approach for estimating conditional willingness to pay and an approach for estimating substitution elasticities between goods or services when cross-prices are not included in the demand function.