Wednesday, February 22, 2012

HOW MUCH SNOW DO YOU REALLY HAVE?

Ski areas exaggerate reports of new snow if they think they can get away with it, according to a study of data from 440 North American resorts. But, in a triumph for crowdsourcing, the introduction of a smartphone app that lets skiers post their own firsthand reports made the resorts become honest. (click below to read more)


Fresh snow inspires people to hit the slopes, creating a strong incentive for resorts to fib. On average, researchers found, each additional inch reported by a resort boosts website visits 61%. From 2004 through 2008, ski areas reported 23% more new snow on weekends, when they make most of their money, than weekdays, a pattern unsupported by weather data.
It wasn't clear how many skiers were taken in by the ruse; consumers seemed to discount ski areas' weekend snow reports by about as much as they were puffed up. But in January 2009, SkiReport.com introduced a new feature in its iPhone app that allowed skiers to post reports directly from ski lifts. At resorts that had iPhone coverage, snowfall exaggeration promptly ended, the study found.
"Wintertime for Deceptive Advertising?" Jonathan Zinman and Eric Zitzewitz, NBER Working Paper (February)
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