Tchetchik, Anat; Fleischer, Aliza; Finkelshtain, Israel - In: American Journal of Agricultural Economics 90 (2008) 2, pp. 553-570
This article applies a discrete-choice equilibrium model with product differentiation to study the rural tourism industry in Israel and to jointly estimate the effect of lodging and farm characteristics on consumer preferences and firms' costs. The model accounts for heterogeneity in tastes and...