Computing airfare elasticities or opening Pandora's box

N Seetaram - Research in Transportation Economics, 2010 - Elsevier
Airfare elasticities are crucial for policy instruments for the stakeholders of tourism industry.
Modellers attempting to estimate these elasticities face several challenges in the absence of
microeconomic data on consumer preferences. The aim of this paper is to offer a critical
analysis of the practice of computing airfare elasticities from tourism demand studies. It
identifies and discusses potential sources of measurement errors in the data and drawbacks
that investigators face and assesses their implications for the estimated parameters in the …
以上显示的是最相近的搜索结果。 查看全部搜索结果