Strategic Choice in Tourism with Differentiated Crowding Types
Economics Bulletin, Vol. 30, No. 2, pp. 1509-1515
7 Pages Posted: 6 Sep 2009 Last revised: 6 Mar 2018
Date Written: September 4, 2009
We introduce a model of tourism choice where we consider that the choice of a tourism resort by a tourist, depends not only on the characteristics of the product offered by the resort but depends also on certain characteristics - crowding types - of the other tourists that have chosen the same resort. To get insights about the effect of crowding types in the allocation of tourists across resorts we exploit a club formation approach and model the framework by means of a Nash game. We establish existence of strategic equilibrium and characterize relevant equilibria.
Keywords: crowding types, Nash equilibrium, strategic choice of tourism resort
JEL Classification: L83, C73
Suggested Citation: Suggested Citation