Accurately estimating the winning probabilities of participants in competitive events, such as elections and sports events, represents a challenge to standard forecasting frameworks such as regression or classification. They are not designed for modelling the competitive element, whereby a...

This study investigates the internal and external environmental factors that affect destination marketing in Jordan and the use of the destination marketing concept by tourism companies in Jordan. Furthermore, special emphasis is placed on investigating and identifying the existing relationship...

Hornby, the company that systematically gave the world Meccano, Hornby Dublo electric trains, Dinky Toys and Scalextric, remains an independent British company a century after it was started by entrepreneur Frank Hornby in Liverpool. This is something of a rarity in the UK toy industry, which...

The passenger cruise market is one of the fastest growing sectors in the international tourist industry. In the 1990s it is characterised by new 'megaliners' which can carry over two and a half thousand passengers in luxurious accommodation. The market has expanded with new passengers, new...

This short case study looks at changes in strategy and structure at the BTA at the end of the 1980's. It is designed firstly to illustrate the environment- values-resources model and its applicability for providing a framework to examine change pressures and implications; and secondly to explore...

Many numerical tools are available in the yacht design domain to predict yacht performances. These are based on experimental data and well-established numerical techniques. However, being competitive sailing an uncertainty-rich discipline, there is also a need to assess the performances of a...

Risk aversion is a key element of utility maximizing hedge strategies; however, it hastypically been assigned an arbitrary value in the literature. This paper instead applies a GARCH-in-Mean (GARCH-M) model to estimate a time-varying measure of riskaversion that is based on the observed risk...