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Asymmetric information can distort market outcomes. I study how the online disclosure of information affects consumers' behavior and firms' incentives to upgrade product quality in markets where information is traditionally limited. I first build a model of consumer search with firms' endogenous...
Persistent link: https://www.econbiz.de/10013285520
This study aims at estimating and comparing the determinants of expenditure behaviour of visitors in two types of museums. An ad-hoc survey was conducted between June and September 2011 among the visitors of the principal museums of the two provinces of Bolzano and Trento: the South Tyrol Museum...
Persistent link: https://www.econbiz.de/10012857264
entrepreneurial activities in agro-tourism sector in northern Montenegro. Therefore, this paper, thus, aims to set a framework for … studying the role of innovations and entrepreneurship in the development of sustainable agro-tourism through identifying and …
Persistent link: https://www.econbiz.de/10012908202
distribution channel in tourism scenario. This industry sector was selected because online technological innovations have … significantly changed how tourism organisations like hotels and airlines deliver their services.Methods: In-depth interviews were … on the industry (tourism in this study) and the technology (social media in this study) being investigated …
Persistent link: https://www.econbiz.de/10013243746
consumption at both global and tourism destinations level, increasing competition manifested on the tourist market, prompting … efforts (concerns) from tourism service providers to diversify their offer, on the one hand, and to understand and investigate … component of the tourism market in the next decade. This article aims to analyze how new technologies influence the tourism …
Persistent link: https://www.econbiz.de/10011833900
The family of Generalized Empirical Likelihood (GEL) estimators provide a number of potential advantages relative to Generalized Method of Moments (GMM) estimators. While it is well known these estimators share an asymptotic distribution, the GEL estimators may perform better in finite sample,...
Persistent link: https://www.econbiz.de/10013075514
We propose an approach to modeling and estimating discrete choice demand that allows for a large number of zero sale observations, rich unobserved heterogeneity, and endogenous prices. We do so by modeling small market sizes through Poisson arrivals. Each of these arriving consumers then solves...
Persistent link: https://www.econbiz.de/10013312178
The objective of this paper is to present a case study of customer loyalty involving food services in a university canteen. The purpose is to provide a practical tool for modeling customer loyalty by using logistic function. Prior literature employed linear equation to model customer loyalty....
Persistent link: https://www.econbiz.de/10012950820
Persistent link: https://www.econbiz.de/10000735767
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