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Hosting the Olympic Games costs billions of taxpayer dollars. Following a quasi- experimental setting, this paper assesses the intangible impact of the London 2012 Olympics, using a novel panel of 26,000 residents in London, Paris, and Berlin during the summers of 2011, 2012, and 2013. We show...
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The issues relating to the functioning of the tourism economy include both the activities of tourism enterprises and … spatial units, i.e., tourism destinations, as well as tourism demand, including tourists' purchasing behavior. The aim of the … Special Issue of Economies is to present the current results of research on the functioning of the tourism market and its …
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survey concentrates on the immediate, direct and short-term additional revenue brought into the region by foreign sport event …
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worldwide demand for tourism. Consequentially, this thesis concentrates on a wider range of determinants including non …-economical factors of tourism demand and supply in both the country of origin and destination at a worldwide scale. So, the aim of the … tourism. The second intent was to analyze whether and how (sustainable) tourism can be a trigger for economic development. The …
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terrorism on competitors' market shares in tourism sector where involved countries enjoy significant tourism activities but are … Mediterranean region and providing an additional destination for tourists to visit. Evidence indicates that the tourism industry in … Israel and Turkey are more sensitive to terrorism incidents than in Greece. There are also significant regional contagion …
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Under Black-Scholes (BS) assumptions, empirical volatility and risk neutral volatility are given by a single parameter …, which captures all aspects of risk. Inverting the model to extract implied volatility from an option's market price gives … investors' risk attitudes, including possibly distinct preferences over different volatility-related aspects of the returns …
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