Price Sensitivity to Tourism Activities: Looking for Determinant Factors
نویسندگان
چکیده
منابع مشابه
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The author wishes to thank Bryan Orme for conducting many of the calculations in this paper.
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It is straightforward to show that the steady state price with full commitment is p(z) = θ θ − 1 S, where variables without subscripts denote steady state values. Notice furthermore that equation (1) in the paper implies that C = (1 − γ)c(z) and equation (2) in the paper implies that (1 − γβ)P = p(z). A second order Taylor series approximation of the value of the firm around the steady state of...
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ژورنال
عنوان ژورنال: Tourism Economics
سال: 2012
ISSN: 1354-8166,2044-0375
DOI: 10.5367/te.2012.0143