Assessing the Effects of Information Asymmetry in Tourism Destinations

Assessing the Effects of Information Asymmetry in Tourism Destinations
复制标题

DOI:
10.5367/000000000101297668
复制
发表时间:
2000-12
期刊:
影响因子:
4.4
通讯作者:
L. Crase;J. Jackson
L. Crase;J. Jackson
中科院分区:
经济学4区
文献类型:
--
作者:
L. Crase;J. Jackson

文献摘要

被引文献

相似文献

有效市场价格的一个组成部分是市场参与者之间的信息对称。更具体地说,信息不对称有可能赋予拥有优质信息的人市场支配力,并允许收取垄断价格。本文开发了一种方法来评估信息不对称对有季节性游客涌入的市场中定价行为的影响。它还提出了一项研究的结果,该研究将该方法应用于澳大利亚的一个旅游目的地,并测试了不知情游客的比例在多大程度上可以在这个位置创造价格分散。除了检验两个均衡价格的假设外,数据还用于调查串谋定价行为。确定了该方法的局限性,以便为其他地点的未来研究提供信息。
A component of efficient market prices is symmetry of information between market participants. More specifically, information asymmetry has the potential to bestow market power on the holder of superior information and permit the charging of monopoly prices. This paper develops a method for assessing the impact of information asymmetry on pricing behaviour in markets in which there is a seasonal influx of tourists. It also presents the results of a study which applies the method in an Australian tourism destination and tests the extent to which the proportion of uninformed tourists can create price dispersions in this location. In addition to testing the hypothesis of two equilibrium prices, the data were also used to investigate collusive pricing behaviour. Limitations of the method are identified to inform future studies in other locations.