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Regional Efficiency Improvement by Means of Data Envelopment Analysis through Euclidean Distance Minimization including Fixed Input Factors – An Application to Tourist Regions in I...

Suzuki, Soushi; Nijkamp, Peter; Rietveld, Piet - Tinbergen Institute - 2011

Standard Data Envelopment Analysis (DEA) is characterized by uniform proportional input reduction or output augmentation in calculating improvement projections. This paper develops a new Euclidean Distance Minimization model in the context of DEA in order to derive a more appropriate...

Persistent link: https://www.econbiz.de/10009201129

Importance of E-services for Cultural Tourism

Leeuwen, Eveline van; Nijkamp, Peter - Tinbergen Institute - 2011

Despite a busy lifestyle – or perhaps as a result of a stressful lifestyle – more people than ever before make leisure trips, sometimes for a long time but in many cases just for short periods. Modern telecommunication technology brings attractive tourist destinations directly into the...

Persistent link: https://www.econbiz.de/10009201136

A Firm's First Year

Abbring, Jaap H.; Campbell, Jeffrey R. - Tinbergen Institute - 2005

This paper determines the structural shocks that shape a firm's first year by estimating a structural model of firm growth, learning, and survival using monthly sales histories from 305 Texas bars. We find that heterogeneity in firms' pre-entry scale decisions accounts for about 40% of their...

Persistent link: https://www.econbiz.de/10005136867

The Unique-lowest Sealed-bid Auction

Houba, Harold; Laan, Dinard van der; Veldhuizen, Dirk - Tinbergen Institute - 2008

Unique-lowest sealed-bid auctions are auctions in which participation is endogenous and the winning bid is the lowest bid among all unique bids. Such auctions admit very many Nash equilibria (NEs) in pure and mixed strategies. The two-bidders' auction is similar to the Hawk-Dove game, which...

Persistent link: https://www.econbiz.de/10005136936

Efficiency and Productivity of Italian Tourist Destinations: A Quantitative Estimation based on Data Envelopment Analysis and the Malmquist Method

Cracolici, Maria Francesca; Nijkamp, Peter - Tinbergen Institute - 2006

This paper aims to provide a statistical analysis of the relative economic performance of Italian tourist areas. It uses two modelling approaches to estimate the competitiveness of these regions, viz. data envelopment analysis (DEA) and the Malmquist method. Our results show that the...

Persistent link: https://www.econbiz.de/10005137006

Assessment of Tourist Competitiveness by analysing Destination Efficiency

Cracolici, Francesca; Rietveld, Piet; Nijkamp, Peter - Tinbergen Institute - 2006

Recently the notion and the measurement of destination competitiveness have received increasing attention in the economics literature on tourism. The reason for this interest emerges from both the increasing economic importance of the tourist sector and the increasing competition on the tourist...

Persistent link: https://www.econbiz.de/10005137208

Basic Exchange Rate Theories

Marrewijk, Charles van - Tinbergen Institute - 2005

This four-chapter overview of basic exchange rate theories discusses (i) the elasticity and absorption approach, (ii …

Persistent link: https://www.econbiz.de/10005144534

Competition and Educational Quality: Evidence from The Netherlands

Dijkgraaf, Elbert; Gradus, Raymond H.J.M.; Jong, Matthijs de - Tinbergen Institute - 2009

Ample evidence is available for the effect of competition on educational quality as only a few countries allow large …

Persistent link: https://www.econbiz.de/10008513221

Oligopolistic Competition in Price and Quality

Dubovik, Andrei; Janssen, Maarten C.W. - Tinbergen Institute - 2008

We consider an oligopolistic market where firms compete in price and quality and where consumers are heterogeneous in … knowledge: some consumers know both the prices and quality of the products offered, some know only the prices and some know …-inefficiency of the price/quality offers. But, better price/quality combinations are signalled with lower prices in one type and with …

Persistent link: https://www.econbiz.de/10005136872

Customer Directed Advertising and Product Quality

Esteban, Lola; Hernández, José M.; Moraga-González, … - Tinbergen Institute - 2001

downgrades quality whereas the seller sometimes upgrades it. Our model of targeting with endogenous product quality provides some … new insights into the way the transition from mass to specialized advertising can affect market outcomes. Quality …

Persistent link: https://www.econbiz.de/10005137306