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This paper analyses how German tourists react to unanticipated shocks that alter their risk perception of selected … tourism destinations. Using a difference-in-difference strategy which flexibly accounts for macroeconomic conditions and also …. At the same time, tourism into Islamic countries was temporarily substituted by tourism to (south) European countries …
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The value of travel time plays an important role in cost benefit analysis of infrastructureprojects. However, the issue of uncertainty on travel times and the implications this has forestimations of travel time values has received much less attention in the literature. In thispaper we compare...
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