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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP5112 |
DP5112 Peripheral Diversity and Redistribution | |
Klaus Desmet; Ignacio Ortuño-Ortin; Shlomo Weber | |
发表日期 | 2005-06-23 |
出版年 | 2005 |
语种 | 英语 |
摘要 | We study the intermediary role of tour operators in the market for package tourism. Intermediaries often arise in order to facilitate trade in markets characterized by asymmetric information. In the travel industry policy-makers have tried to address information asymmetries by providing hotel ratings. We argue that those ratings are not accurate indicators of quality. Ratings provided by tour operators are more informative and allow for international comparisons. Intermediation by tour operators provides a better matching of quality with price and therefore leads to a more efficient market outcome. There is, nonetheless, scope for government intervention to improve information provision. |
主题 | Industrial Organization |
关键词 | Intermediaries Middlemen Asymmetric information Tour operators Tourism industry |
URL | https://cepr.org/publications/dp5112 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/534001 |
推荐引用方式 GB/T 7714 | Klaus Desmet,Ignacio Ortuño-Ortin,Shlomo Weber. DP5112 Peripheral Diversity and Redistribution. 2005. |
条目包含的文件 | 条目无相关文件。 |
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