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The Finance Professor Podcast is hosted by Linus Wilson. Dr. Wilson earned his Ph.D. in 2007 from Oxford University. He has taught thousands of finance students at all levels. His research is in banking, financial crises, CEO pay, and corporate finance. He has been a source for over two hundred major news stories in the Wall Street Journal, New York Times, Financial Times, and other news organizations. He is a leading scholar on the TARP bank bailouts of the great recession.
Episodes
Friday Jul 21, 2023
Friday Jul 21, 2023
Does Difficulty Affect U.S. State High Points Ascents?
24 Pages Posted:
Linus Wilson
University of Louisiana at Lafayette - College of Business Administration
Date Written: July 20, 2023
Abstract
We develop a six-factor ranking of U.S. state high points. While this index is significantly associated with fewer ascents, only one of the six factors drives that result. Technical difficulty is the only measure of high point difficulty that significantly discourages summits. Climbers seem indifferent to physical effort required and are significantly attracted to higher elevation U.S. state high points. We also show popular through hikes near the high point are associated with significantly more summits. This indicates that mountain communities could see surges in tourism if a route to the summit was made less technically difficult.
Keywords: altitude, Appalachian Trail, ascent, climbing, Denali, difficulty index, high point, highpointing, hiking, mount, mountain, mountaineering, Mt. Whitney, Pacific Crest Trail, peak, peak bagging, state high point, through-hike, trekking, Yosemite Decimal System
JEL Classification: R42, Q38, Z2, Z3
Suggested Citation:
Dr. Linus Wilson[1]
Professor of Finance
Department of Economics & Finance
B.I. Moody III College of Business
University of Louisiana at Lafayette
Moody Hall, Room 253
P.O. Box 43709
Lafayette, LA 70504
(337) 482-6209
linus [dot] wilson {at} louisiana [dot] edu
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