A model of consumer choice with vertically differentiated goods: reassessing the traditional demand theory and an application to tourism
Autor(a) principal: | |
---|---|
Data de Publicação: | 2013 |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Journal of Transport Literature |
Texto Completo: | http://old.scielo.br/scielo.php?script=sci_arttext&pid=S2238-10312013000100003 |
Resumo: | Standard vertical differentiation models were designed for a type of consumer behaviour when each consumer buys a single unit of only one of two goods. However, in many other cases, consumers may buy a few units of both goods with different qualities. This case is not covered by theory yet. This paper intends to fill this gap, by modelling consumer behaviour and demand with vertical differentiation when all consumers may buy some mix of both qualities. Additionally, we find that two main results of the previous vertical differentiation literature do not apply in this case and show how the model can be extended to a number of situations. We also present an example of how the model may be applied to Tourism and Transport industries. |
id |
SBPTR-1_a2d10d43b4a2671274c9c6a2ebd3f2fb |
---|---|
oai_identifier_str |
oai:scielo:S2238-10312013000100003 |
network_acronym_str |
SBPTR-1 |
network_name_str |
Journal of Transport Literature |
repository_id_str |
|
spelling |
A model of consumer choice with vertically differentiated goods: reassessing the traditional demand theory and an application to tourismconsumer choicevertical product differentiationdemandtourismStandard vertical differentiation models were designed for a type of consumer behaviour when each consumer buys a single unit of only one of two goods. However, in many other cases, consumers may buy a few units of both goods with different qualities. This case is not covered by theory yet. This paper intends to fill this gap, by modelling consumer behaviour and demand with vertical differentiation when all consumers may buy some mix of both qualities. Additionally, we find that two main results of the previous vertical differentiation literature do not apply in this case and show how the model can be extended to a number of situations. We also present an example of how the model may be applied to Tourism and Transport industries.Sociedade Brasileira de Planejamento dos Transportes2013-01-01info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersiontext/htmlhttp://old.scielo.br/scielo.php?script=sci_arttext&pid=S2238-10312013000100003Journal of Transport Literature v.7 n.1 2013reponame:Journal of Transport Literatureinstname:Sociedade Brasileira de Planejamento dos Transportes (SBPT)instacron:SBPTR10.1590/S2238-10312013000100003info:eu-repo/semantics/openAccessBarbot,Cristinaeng2015-06-30T00:00:00Zoai:scielo:S2238-10312013000100003Revistahttp://www.journal-of-transport-literature.org/https://old.scielo.br/oai/scielo-oai.php||alessandro.oliveira@pq.cnpq.br|| editor.jtl@gmail.com2238-10312238-1031opendoar:2015-06-30T00:00Journal of Transport Literature - Sociedade Brasileira de Planejamento dos Transportes (SBPT)false |
dc.title.none.fl_str_mv |
A model of consumer choice with vertically differentiated goods: reassessing the traditional demand theory and an application to tourism |
title |
A model of consumer choice with vertically differentiated goods: reassessing the traditional demand theory and an application to tourism |
spellingShingle |
A model of consumer choice with vertically differentiated goods: reassessing the traditional demand theory and an application to tourism Barbot,Cristina consumer choice vertical product differentiation demand tourism |
title_short |
A model of consumer choice with vertically differentiated goods: reassessing the traditional demand theory and an application to tourism |
title_full |
A model of consumer choice with vertically differentiated goods: reassessing the traditional demand theory and an application to tourism |
title_fullStr |
A model of consumer choice with vertically differentiated goods: reassessing the traditional demand theory and an application to tourism |
title_full_unstemmed |
A model of consumer choice with vertically differentiated goods: reassessing the traditional demand theory and an application to tourism |
title_sort |
A model of consumer choice with vertically differentiated goods: reassessing the traditional demand theory and an application to tourism |
author |
Barbot,Cristina |
author_facet |
Barbot,Cristina |
author_role |
author |
dc.contributor.author.fl_str_mv |
Barbot,Cristina |
dc.subject.por.fl_str_mv |
consumer choice vertical product differentiation demand tourism |
topic |
consumer choice vertical product differentiation demand tourism |
description |
Standard vertical differentiation models were designed for a type of consumer behaviour when each consumer buys a single unit of only one of two goods. However, in many other cases, consumers may buy a few units of both goods with different qualities. This case is not covered by theory yet. This paper intends to fill this gap, by modelling consumer behaviour and demand with vertical differentiation when all consumers may buy some mix of both qualities. Additionally, we find that two main results of the previous vertical differentiation literature do not apply in this case and show how the model can be extended to a number of situations. We also present an example of how the model may be applied to Tourism and Transport industries. |
publishDate |
2013 |
dc.date.none.fl_str_mv |
2013-01-01 |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://old.scielo.br/scielo.php?script=sci_arttext&pid=S2238-10312013000100003 |
url |
http://old.scielo.br/scielo.php?script=sci_arttext&pid=S2238-10312013000100003 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
10.1590/S2238-10312013000100003 |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
text/html |
dc.publisher.none.fl_str_mv |
Sociedade Brasileira de Planejamento dos Transportes |
publisher.none.fl_str_mv |
Sociedade Brasileira de Planejamento dos Transportes |
dc.source.none.fl_str_mv |
Journal of Transport Literature v.7 n.1 2013 reponame:Journal of Transport Literature instname:Sociedade Brasileira de Planejamento dos Transportes (SBPT) instacron:SBPTR |
instname_str |
Sociedade Brasileira de Planejamento dos Transportes (SBPT) |
instacron_str |
SBPTR |
institution |
SBPTR |
reponame_str |
Journal of Transport Literature |
collection |
Journal of Transport Literature |
repository.name.fl_str_mv |
Journal of Transport Literature - Sociedade Brasileira de Planejamento dos Transportes (SBPT) |
repository.mail.fl_str_mv |
||alessandro.oliveira@pq.cnpq.br|| editor.jtl@gmail.com |
_version_ |
1750318362242580480 |