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In this paper we use detailed data on 4,599 hotels located in Rome collected from TripAdvisor, the world's largest travel platform, to examine the causal effects of bubble ratings (detailed to half-bubbles) on hotel popularity measured with the number of people viewing the hotel’s page. By...
Persistent link: https://www.econbiz.de/10014090239
This paper describes a modelling methodology for multivariate stochastic processes. The concept of multiple causality is discussed and a procedure to detect multiple causality is suggested. The data of a major Canadian supermarket is analyzed and a multivariate autoregressive model for this...
Persistent link: https://www.econbiz.de/10012751654
In this paper, we compare two fundamentally different judgmental demand forecasting approaches used to estimate demand and their corresponding demand distributions. In the first approach, parameters are obtained from a linear regression and maximum likelihood estimation (MLE) based on team...
Persistent link: https://www.econbiz.de/10012991799
We introduce evolutionary dynamics for two-action games where agents with diverse preferences use statistical inference to guide their behavior. In each period, agents are randomly selected to revise actions. They draw a random sample of other agents’ actions, use statistical inference to...
Persistent link: https://www.econbiz.de/10013240775
We investigate how a cautious decision maker might aggregate various opinions of experts who face model misspecification. We first consider a more general case in which both the decision maker’s and experts’ preference relations are variational introduced by Maccheroni et al. (2006). We show...
Persistent link: https://www.econbiz.de/10014260938
This study extends prior research on referee bias and close bias in professional soccer by examining whether Major League Soccer (MLS) referees’ discretion over stoppage time (i.e., extra play beyond regulation) is influenced by end-of-regulation match scores and/or home field advantage. To do...
Persistent link: https://www.econbiz.de/10010336210
We test the soccer myth suggesting that a particularly good moment to score a goal is just before half time. To this end, rich data on 1,179 games played in the UEFA Champions League and UEFA Europa League are analysed. In contrast to the myth, we find that, conditional on the goal difference...
Persistent link: https://www.econbiz.de/10011484373
This paper studies the determinants of repeat visiting in Uruguay, where loyal visitors are a relevant part of the total. From a statistical point of view the number of times a visitor has been to a place constitutes count data. In this regard available information on Uruguay present relevant...
Persistent link: https://www.econbiz.de/10012975412
The Holt-Winters Method is used to forecast the possible effect of the 2008 'Messinian Thruway' on international tourism demand, over a 21 years period (1991-2011). Analysis on the structure of historical tourism series suggests that the most appropriate variable to use is the number of...
Persistent link: https://www.econbiz.de/10014168380
Persistent link: https://www.econbiz.de/10000915320