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Handbook of Tourism Economics:Analysis, New Applications and Case Studies
Tisdell, Clement A (contributor) - World Scientific Publishing Co. Pte. Ltd.
Handbook of Tourism Economics: Analysis, New Applications and Case Studies provides an up-to-date, concise and readable … coverage of the most important topics in tourism economics. It pays attention to relevant traditional topics in tourism … applications of economic analysis to tourism policy and constructive assessment of contemporary thought about tourism economics …
Persistent link: https://www.econbiz.de/10011183886
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The Impact of the European Union Enlargement on Tourism Development
Chindris-Vasioiu, Oana; Tocan, Madalina Cristina - In: Knowledge Horizons - Economics 6 (2014) 2, pp. 130-135
Tourism, as well as politics and economy in general, will have to face the globalization trend (i.e. power on the rise … contrast to private corporations' ability to dominate markets in geographical areas limited). The impact on tourism is given by … the fact that more power will be obtained by the relatively small networks of global tourism. European industry of tourism …
Persistent link: https://www.econbiz.de/10011199835
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Savings and Prize-Linked Savings Accounts
Atalay, Kadir; Bakhtiar, Fayzan; Cheung, Stephen L.; … - Institute for the Study of Labor (IZA) - 2012
Many households have insufficient savings to handle moderate and routine consumption shocks. Many of these financially fragile households also have the highest lottery expenditures as a proportion of income. This combination suggests that Prize-Linked Savings (PLS) accounts, that combine...
Persistent link: https://www.econbiz.de/10010959657
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Tipping motivations and behavior in the US and Israel
Azar, Ofer H. - Volkswirtschaftliche Fakultät, … - 2009
Tipping is a multi-billion dollar phenomenon and a major source of income for millions of workers. The results of a study conducted in the US and Israel suggest that people tip mainly to show gratitude, conform to the social norm, and because they know that waiters' income depends on tips....
Persistent link: https://www.econbiz.de/10008623465
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Savings and prize-linked savings accounts
Atalay, Kadir; Bakhtiar, Fayzan; Cheung, Stephen; … - In: Journal of Economic Behavior & Organization 107 (2014) PA, pp. 86-106
Many households have insufficient savings to handle moderate and routine consumption shocks. Many of these financially fragile households also have the highest lottery expenditures as a proportion of income. This combination suggests that prize-linked savings (PLS) accounts, combining security...
Persistent link: https://www.econbiz.de/10011077030
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Experimenter Demand Effects in Economic Experiments
Zizzo, Daniel John - 2008
Experimenter demand effects refer to changes in behavior by experimental subjects due to cues about what constitutes appropriate behavior. We argue that they can either be social or purely cognitive, and that, when they may exist, it crucially matters how they relate to the true experimental...
Persistent link: https://www.econbiz.de/10012723684
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Complex Evolutionary Systems in Behavioral Finance
Hommes, Cars H. - 2008
Traditional finance is built on the rationality paradigm. This chapter discusses simple models from an alternative approach in which financial markets are viewed as complex evolutionary systems. Agents are boundedly rational and base their investment decisions upon market forecasting heuristics....
Persistent link: https://www.econbiz.de/10012724209
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Comparing Small-Group and Individual Behavior in Lottery-Choice Experiments
Baker, Ronald J. - 2008
Lottery-choice experiments are conducted to compare risk preferences revealed by three-person groups versus isolated individuals. A lottery-choice experiment consists of a menu of paired lottery choices structured so that the crossover point from a low-risk to a high-risk lottery can be used to...
Persistent link: https://www.econbiz.de/10012726256
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Do Asset Market Prices Reflect Traders' Judgment Biases?
Ganguly, Ananda R. - 2008
The existence of base rate fallacy (BRF) bias is explored employing: (i) a context treatment with a narrative story applied to asset markets and (ii) an isomorphic abstract setting using balls-and-bingo cages. Probability estimates reflect a BRF bias in both treatments, but is stronger with...
Persistent link: https://www.econbiz.de/10012773701
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The Effects of Biases in Probability Judgments on Market Prices
Ganguly, Ananda R. - 2008
Experimental Markets were used to examine whether individual probability judgment biases affect market prices. This issue is important to accountants because users of accounting information (especially investors) face competitive market environments. The expectation was that it would be more...
Persistent link: https://www.econbiz.de/10012773702