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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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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 … prices of travel and leisure companies. The drop in volatility is robust to many alternative estimation techniques, different …
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substantial leisure complementarity, and specifically cut the non-usual component of their workweek, leaving usual hours unchanged …
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