A model of consumer choice with vertically differentiated goods: reassessing the traditional demand theory and an application to tourism

Detalhes bibliográficos
Autor(a) principal: Barbot,Cristina
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

Registros relacionados