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This paper considers a tourism supply chain (TSC) for package holidays. Three sectors are included: a theme park, hotel and accommodation providers and tour operators. The different sectors are coordinated with each other, while enterprises within each compete in order to optimize their own...
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Purpose – The purpose of this study is to explore potential reasons that might explain why locally owned tourism firms cheat the use of backward economic linkages that (when used) might otherwise maximize the economic benefits of the tourism industry for locals. Design/methodology/approach –...
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Standard equilibrium concepts in game theory find it difficult to explain the empirical evidence from a large number of static games, including the prisoner's dilemma game, the hawk-dove game, voting games, public goods games and oligopoly games. Under uncertainty about what others will do in...
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