Decision-making in daily life and in tourism. Issue 3 (4th May 2018)

• Record Type: Journal Article
• Authors: Teitler-Regev, Sharon; Tavor, Tchai
• Is Part Of: Israel affairs. Volume 24:Issue 3(2018)
• Page Start: 467
• Page End: 481
• Publication Date: 2018-05-04
• Subjects: Risk tolerance -- decision-making process -- risk perception -- tourists -- tourism -- Israel; Israel -- History -- 1933- -- Periodicals; 956.94054
• DOI: 10.1080/13537121.2018.1454003
• Languages: English
• ISSNs: 1353-7121

Abstract

Abstract: This article seeks to measure the potential risk tolerance in tourism and to determine whether individuals' rationality in daily life is consistent with their choice of destination for foreign travel. Findings of the research, carried out among Israeli students, indicate such a consistency: individuals with higher general risk aversion also have higher risk aversion in tourism. These results can give tourism service providers greater insight into how tourists make decisions, thus enabling them to offer destinations that are personally adapted to the travel experience and general risk tolerance of tourists.