High Economic Impacts of Higher Education

High Economic Impacts of Higher Education

Universities and colleges contribute significantly to state and local economies across the country. For most institutions the magnitude of their economic impacts has not been calculated. This uncertainty may contribute to reduced support from state governments when...
Dynamic Pricing Meets Big Data

Dynamic Pricing Meets Big Data

We all know that supply and demand intersect at price. Historically, supply and demand curves have represented the market place for a particular good or service. For example, how strong is the demand for skiing in April across the country? It is an aggregate of how...
Dynamically Pricing Short-Term Rentals

Dynamically Pricing Short-Term Rentals

An analysis of short-term rental (STR) room rates in Austin for the 2016 year clearly shows the interplay of supply and demand. As major events such as SXSW spike demand for rental lodging, prices rise accordingly. These findings further imply that supply was not able...
Forest Management Should Fund Firefighting

Forest Management Should Fund Firefighting

Unnaturally overgrown forests, catastrophic fires, and bark beetle infestations: what’s wrong with this picture? Poor forest health. The sequence really begins with the U.S. Forest Service spending over half of its budget fighting catastrophic fires, which in turn...
Data-Driven Marketing in the Ski Industry

Data-Driven Marketing in the Ski Industry

Skier visits Skier visits are reaching all-time highs though growth rates are modest. National visits increased 3.7 percent, yet failed to hit the 20-year average. Utah skier visits increased 2.8 percent and Colorado visitation dipped slightly. Last winter is being...