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We analyze a two-sector model of a trading creative regional economy (TCRE) of the sort studied by Florida. Our analysis focuses on two cases. The first (second) case concerns the impact of faster neutral (non-neutral) productivity growth in the tradable sector on the employment of creative...
Persistent link: https://www.econbiz.de/10013130117
We study two approaches to the optimal provision of guided tours to tourists by a firm during the slack season. In the "scheduling by numbers" approach, our firm focuses on the number of tourists who must be in our firm's premises before this firm begins to use the tour guide to provide tours to...
Persistent link: https://www.econbiz.de/10013131794
We analyze two hitherto little studied but salient questions concerning the trinity of asymmetric information, entrepreneurial activity, and the scope of fiscal policy in an open regional economy. First, we use a two period model to analyze the contractual relationship between entrepreneurs and...
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In this note, we analyze two hitherto unstudied questions from the perspective of an automobile dealer that uses a particular temporal decision rule to provide loaner vehicles to customers who come to its facility with automobile repair requests. First, on the assumption that the basic criterion...
Persistent link: https://www.econbiz.de/10013138404
We discuss an approach to modeling the slack season provision of guided tours to tourists that accounts for the twin phenomena of stochastic demand and tourist heterogeneity but is different from the way in which this problem has been modeled in the extant tourism literature. Our discussion uses...
Persistent link: https://www.econbiz.de/10013138508