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technology through the channel of enhancing leisure experience on the consumer side. We develop a theoretical model which allows … for habit formation for a technology good purchased to enhance leisure activities. In contrast, for the normal consumption …
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prices of travel and leisure companies. The drop in volatility is robust to many alternative estimation techniques, different …This paper examines the impact of vaccination programs on the stock market volatility of the travel and leisure sector … decrease in the investment risk of travel and leisure companies. Vaccination results in a decrease in the volatility of stock …
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