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dc.contributor.authorHaroutunian, Stephanen
dc.contributor.authorMitsis, Pandelisen
dc.contributor.authorPashardes, Panosen
dc.creatorHaroutunian, Stephanen
dc.creatorMitsis, Pandelisen
dc.creatorPashardes, Panosen
dc.date.accessioned2019-05-03T05:22:13Z
dc.date.available2019-05-03T05:22:13Z
dc.date.issued2005
dc.identifier.urihttp://gnosis.library.ucy.ac.cy/handle/7/47387
dc.description.abstractThis paper investigates the production of misleading results from hedonic analysis when heterogeneity in the effects of quality characteristics is ignored. Two causes of such heterogeneity are examined: (a) when quality is registered in different ways in the brochures of different tour operators and (b) when the effects of quality characteristics differ between packages with a different star rating. Furthermore, the authors test the impact of the presence of these two sources of heterogeneity on the estimated effects of quality characteristics on price, along with a third possible source of heterogeneity - the rating system of the hotels. They then discuss the policy implications of their empirical findings.en
dc.language.isoengen
dc.sourceTourism Economicsen
dc.subjecthedonic analysisen
dc.subjectHedonic pricingen
dc.subjectHeterogenous characteristicsen
dc.subjectHoliday brochuresen
dc.subjectMediterraneanen
dc.subjectTour operatorsen
dc.titleUsing brochure information for the hedonic analysis of holiday packagesen
dc.typeinfo:eu-repo/semantics/article
dc.identifier.doi10.5367/0000000053297158
dc.description.volume11
dc.description.startingpage69
dc.description.endingpage84
dc.type.uhtypeArticleen
dc.contributor.orcidMitsis, Pandelis [0000-0003-0136-3447]
dc.description.totalnumpages69-84


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