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Destinations wishing to develop new sustainable tourism strategies have to adopt proactive measures in order to address potential adverse impacts of tourism. Using a discrete choice approach, we investigated residents' preferences and willingness to pay for municipal programs that mitigate such...
Persistent link: https://www.econbiz.de/10014286197
This article applies a discrete-choice equilibrium model with product differentiation to study the rural tourism industry in Israel and to jointly estimate the effect of lodging and farm characteristics on consumer preferences and firms' costs. The model accounts for heterogeneity in tastes and...
Persistent link: https://www.econbiz.de/10014218944