Premium
On the Sale of Package Tours to Infinitely Many Possible Types of Tourists
Author(s) -
Batabyal Amitrajeet A.,
Alao Olabisi
Publication year - 2015
Publication title -
international journal of tourism research
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.155
H-Index - 58
eISSN - 1522-1970
pISSN - 1099-2340
DOI - 10.1002/jtr.1948
Subject(s) - advertising , marketing , tourism , business , computer science , geography , archaeology
Alao and Batabyal (2013) have recently used contract theory to study the sale of package tours to tourists when the tourists can be of two possible types. In this note, we first generalize their analysis by studying the case in which the tourists can be of infinitely many types. Next, we compare our results with those obtained by Alao and Batabyal. Finally, we conclude and then discuss extensions of this note's research. Copyright © 2013 John Wiley & Sons, Ltd.