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The Economics of Tourism Destinations (Hardcover, 2012 ed.)
Loot Price: R2,908
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The Economics of Tourism Destinations (Hardcover, 2012 ed.)
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The book aims at providing an overview of the main economic issues
related to tourism activities. While tourism is an important
sector, contributing to more than 10% of the European Union's GDP,
research and teaching at the university level has only recently
grown to a considerable level, and the field still lacks a firm
research methodology. This book approaches tourism economics as an
applied field of study in which tourism markets are represented as
imperfect markets, with asymmetric and incomplete information among
agents, bounded rationality, and with a strong presence of
externalities and public goods. The economic issues studied in the
book are approached both intuitively, largely using examples and
case studies, and formally, with mathematical formalizations in
text boxes.
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