Daniel A. Rascher, president of Sports-Economics, a sports consulting firm in Berkeley, Calif., said variable-price ticketing "has been around for years, but baseball is just getting around to it".
The independent variables are the ticket's margin of victory or defeat in the popular vote, a variable indicating whether they won the Electoral College and ascended to the White House, an interaction term between the two, and a time trend.
One of their biggest complaints is that government-imposed price ceilings restrict companies from charging variable rates on tickets, one of the most common ways for airlines in the United States to fill planes.
The competition is based on basic variables such as ticket prices, frequency of service, core investment and operational costs.
Liftopia allows ski resorts to offer variable pricing for tickets based on much how traffic they anticipate seeing on the slopes — in other words, resorts can lower their prices if they think they're going to have a slow day the same way an airline does if a flight might not fill up.
