The Impact of Information Availability on Destination Choice. Issue 3 (15th December 2015)
- Record Type:
- Journal Article
- Title:
- The Impact of Information Availability on Destination Choice. Issue 3 (15th December 2015)
- Main Title:
- The Impact of Information Availability on Destination Choice
- Authors:
- Combes, F.
De Palma, A. - Abstract:
- Abstract : Consider a population of agents who choose one among a set of destinations located along a rectilinear road. Each of these destinations has a certain utility, modeled by a random variable. We compare a situation where the agents have to explore the destinations to observe the value of their utilities, to a situation where they know these values beforehand. We show that more information yields a higher welfare to the agents, and also, perhaps counter‐intuitively, higher distance traveled.
- Is Part Of:
- Journal of economics & management strategy. Volume 25:Issue 3(2016)
- Journal:
- Journal of economics & management strategy
- Issue:
- Volume 25:Issue 3(2016)
- Issue Display:
- Volume 25, Issue 3 (2016)
- Year:
- 2016
- Volume:
- 25
- Issue:
- 3
- Issue Sort Value:
- 2016-0025-0003-0000
- Page Start:
- 678
- Page End:
- 687
- Publication Date:
- 2015-12-15
- Subjects:
- Economics -- Periodicals
Business -- Periodicals
Management -- Periodicals
Strategic planning -- Periodicals
330.1 - Journal URLs:
- http://onlinelibrary.wiley.com/ ↗
- DOI:
- 10.1111/jems.12152 ↗
- Languages:
- English
- ISSNs:
- 1058-6407
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - 4973.095300
British Library DSC - BLDSS-3PM
British Library HMNTS - ELD Digital store - Ingest File:
- 713.xml