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detailed information on income at a regionally disaggregated level and individual data on Austrian restaurants, we demonstrate …
Persistent link: https://www.econbiz.de/10012307321
detailed information on income at a regionally disaggregated level and individual data on Austrian restaurants, we demonstrate …
Persistent link: https://www.econbiz.de/10012295956
This paper investigates the interaction between product heterogeneity and geographic agglomeration. Using data for nearly the entire population of U.S. hotels, we examine patterns of entry into different regions among establishments delineated by product segment. We find that to the extent that...
Persistent link: https://www.econbiz.de/10013115944
,000 restaurants rated by TripAdvisor, across large UK cities. Whereas top-rated restaurants tend to locate close to other top … restaurants, bottom-rated restaurants tend to locate away from each other and closer to top ones. Our theoretical model can … reduces the spatial dispersion of both top and bottom restaurants but this reduction is larger in magnitude for top …
Persistent link: https://www.econbiz.de/10012841315
We introduce non-homothetic preferences in the Dixit-Stiglitz model of monopolistic competition, and enquire about the effects of a change in income dispersion on the firms' optimal decisions and market equilibrium. Income dispersion, modelled as a mean preserving spread, is shown to affect only...
Persistent link: https://www.econbiz.de/10014075274
Persistent link: https://www.econbiz.de/10013459521
This paper presents a theoretical model to investigate the incentive of private producer and policymaker to reduce seasonality in a given market, where consumers derive different utilities from the consumption of the good in different seasons. The (seasonal) product differentiation is modelled...
Persistent link: https://www.econbiz.de/10009505587
In this article, the authors present a theoretical model to investigate the private and social incentives to reduce seasonality in a given market. They assume that consumers derive different utilities from the consumption of the same good in different seasons. The seasonal product...
Persistent link: https://www.econbiz.de/10009665347
We present a theoretical model in tourism economics, assuming that the market for tourism is an oligopoly with differentiated products. Destinations (i.e., countries, regions, sites or even firms) can invest in order to improve their carrying capacity that can be interpreted as the stock of...
Persistent link: https://www.econbiz.de/10011599996
We present a theoretical model in tourism economics, assuming that the market for tourism is an oligopoly with differentiated products. Destinations (i.e., countries, regions, sites or even firms) can invest in order to improve their carrying capacity that can be interpreted as the stock of...
Persistent link: https://www.econbiz.de/10014073338