Maximum or minimum? Strategic patterns of the lodging industry | |
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學年 | 107 |
學期 | 2 |
發表日期 | 2019-03-15 |
作品名稱 | Maximum or minimum? Strategic patterns of the lodging industry |
作品名稱(其他語言) | |
著者 | Shih-Chuan Lin; Michael Sykuta |
作品所屬單位 | |
出版者 | |
會議名稱 | The 83rd Annual Meeting of the Midwest Economics Association |
會議地點 | St. Louis, USA |
摘要 | This study uses the data from the Texas Comptroller of Public Accounts in 2010-2017 to examine the joint choices of geographic location and product positioning (or brand) by multi-unit operators. Assuming the geographic location is dominant, multi-unit owners will structure their portfolios of establishments to be geographically differentiated while choosing less differentiated brands. Alternatively, if the product positioning is dominant, multi-unit owners will locate their establishments near one another in a geographic space while choosing highly differentiated brands. Our empirical findings are consistent with the theoretical prediction from the two-dimension Hotelling model, which implies a max-min (min-max) equilibrium. |
關鍵字 | Multiunit owners;two-dimensional model;horizontal differentiation;vertial differentiation;location choice |
語言 | en_US |
收錄於 | |
會議性質 | 國際 |
校內研討會地點 | 無 |
研討會時間 | 20190315~20190317 |
通訊作者 | |
國別 | USA |
公開徵稿 | |
出版型式 | |
出處 | |
相關連結 |
機構典藏連結 ( http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/117487 ) |
SDGS | 優質教育,尊嚴就業與經濟發展 |