Country Club Pricing from an Economic Lens
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Date
2023-05
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The Ohio State University
Abstract
This paper analyzes the pricing structure of private golf clubs. These institutions operate
under a two-part pricing model in which there is a large one-time initiation fee and monthly dues.
These figures were spread over ten years to calculate the effect of borrowing estimated present
discounted value (EPDV) upfront costs and paying this cost across annual pay periods. In this
paper, I will show how unrealistic the pricing structure for golf clubs is for Middle-class
America. I will explore how even though country clubs are objectively less discriminatory than
they were in the 1900s, the current two-part pricing model is just as big a hurdle for individuals
with no prior connection to the sport of golf. Finally, I will show figures involving the use of
EPDV to prove that realistic solutions to this economic barrier to entry do exist.
Description
Recognized as Outstanding at The Ohio State Sports Analytics Conference
Keywords
golf, pricing, economics, sports