The aim of this paper is to model the decisions of tourists and a monopolist firm when weather forecasts are available. Before deciding whether to go on holiday or not, but after the firm has decided and posted its price, tourists can look at weather forecasts. Our results show that the price...

We investigate the effect of both research and consulting on higher education teaching quality at the individual level. We propose a theor etical model in which academics allocate limited time between three activities, over a two period horizon, under the assumption of positive spillovers from...