Structure, conduct and performance paradigm in assessing travel agency performances
Autor: | Elisabeta Ilona Molnar, Gabriela Cecilia Stanciulescu |
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Rok vydání: | 2017 |
Předmět: |
game theory
Structure (mathematical logic) HF5001-6182 Operations research media_common.quotation_subject General Medicine Competitor analysis Certainty Market structure Economic thinking Agency (sociology) Economics Business scp paradigm tourism firm Game theory Industrial organization Tourism media_common |
Zdroj: | Proceedings of the International Conference on Business Excellence, Vol 11, Iss 1, Pp 802-809 (2017) |
ISSN: | 2558-9652 |
DOI: | 10.1515/picbe-2017-0085 |
Popis: | The purpose of this paper is to present and exemplify traditional and neoclassical approaches to market structure and tourism firm performance analysis. The paper tackles some of the industrial economic thinking trends which were meant to fill the gaps left by the traditional approaches. Two approaches stand out from among the industrial economic trends: SCP paradigm and game theory. The results show that the strategy tourism operators prefer is to practise high prices; however there is no certainty that the competitors would adhere to such an idea at the beginning or during the season. |
Databáze: | OpenAIRE |
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