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An Economic Analysis of Climate Variability, Adaptation, and Profitability in the U.S. Ski Industry

by Sheridan, Samuel George

Abstract

Climate variability is threatening businesses that rely on outdoor environments for recreational use. Despite awareness of the negative economic impacts of climate change, its effects on the U.S. ski industry have only recently been studied in more detail. This thesis aims to assess how the United States ski industry is adapting business strategy to climate variability. Using OLS regression, this study shows that adaptation strategies such as snow making are profitable to resorts and could be the answer in larger scale adaptation. Other strategies include regional and business diversification to hedge against the impending effects of climate variability.

Note

The author has given permission for this work to be deposited in the Digital Archive of Colorado College.

Colorado College Honor Code upheld.

Includes bibliographical references.

Administrative Notes

The author has given permission for this work to be deposited in the Digital Archive of Colorado College.

Colorado College Honor Code upheld.

Copyright
Copyright restrictions apply.
Publisher
Colorado College Tutt Library
PID
coccc:29680
Digital Origin
born digital
Extent
36 pages
Thesis
Senior Thesis -- Colorado College
Thesis Advisor
Smith, Mark
Department/Program
Economics and Business
Degree Name
Bachelor of Arts
Degree Type
bachelor
Degree Grantor
Colorado College Tutt Library
Date Issued
2018-05