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Demand of passive index tracking funds has fared as a convincing explanation to justify the large positive (negative …) abnormal returns experienced by firms added to (deleted from) S&P 500. However, the shrinking magnitude of the index effect … predicts, and substantial abnormal returns before the index announcements suggest that demand of index funds doesn’t seem to be …
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This paper analyses the market transformations in heritage tourism destinations when excessivetourism demand determines the emergence of a class of excursionists among visitors. Building onthe approach of Keane (1997) and Shapiro (1983), our model highlights some importantdimensions of...
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This paper analyses the market transformations in heritage tourism destinations when excessive tourism demand determines the emergence of a class of excursionists among visitors. Building on the approach of Keane (1997) and Shapiro (1983), some important dimensions of sustainable tourism...
Persistent link: https://www.econbiz.de/10014035146
Consumers often encounter, and claim to care about, ethical information concerning the products they purchase. Across three studies, we investigate how the accessibility of this information impacts choice. When consumers must seek out product attribute information, the impact of ethical...
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