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This paper uses a theoretical model to analyze the interaction between general wine sales and enotourism since many … wineries sell wine through wine tours as well as wine to non-tourists. We assume that consumers of wine tours, or enotourists …, are wine connoisseurs whereas naive wine drinkers drive non-tourism sales. In our model, enotourists use wine tours to …
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Given potential abuse, conflicts of interest, and other issues, why do companies routinely pay for their managers to entertain the managers of other firms and allow their own managers to be so entertained? An answer that such practices facilitate inter-firm cooperation is incomplete because it...
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