Boyce, John R.; Bischak, Diane P. - In: Journal of Sports Economics 11 (2010) 5, pp. 496-532
We present an analysis of microlevel data from mountaineering on the 14 peaks over 8,000 m in height during the period 1895-1998. Prior to 1950, no expedition was successful in making an ascent and almost half of expeditions experienced a death, frostbite, or altitude sickness. By the 1990s,...