{"product_id":"information-asymmetry-quality-and-prices-in-the-tourism-market-von-evis-kushi","title":"Information Asymmetry, Quality and Prices in the Tourism Market","description":"\u003cp\u003eAlthough information asymmetry is an important  problem for experience goods, particularly regarding  the quality and price relationship, it seems to be  neglected in previous research. Since this is a  particular problem in tourism, the book examines the  relationship between information asymmetry, quality  and prices in the tourism market by providing a new  theoretical framework which integrates information  asymmetry and hedonic pricing. It develops an  extended hedonic model for the holiday hotels  sector, including hotel attributes, tourists''  characteristics and asymmetric information measures.  This model is applied empirically to Albania using  data from sample surveys of hotels and tourists  designed explicitly for this purpose, but which also  provides the first detailed investigation into this  sector in Albania. The results highlight the  importance of the additional variables of tourists''  characteristics and the asymmetric information  included in the model. The implications of the  findings are explored for economics and tourism  researchers, policy makers, public authorities,  hotel managers and tourists.\u003c\/p\u003e\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9783838339122\"\u003e\u003ch3\u003eAn Application to Albanian Holiday Hotels\u003c\/h3\u003e\u003c\/div\u003e","brand":"Autorenwelt Shop","offers":[{"title":"Softcover - 9783838339122","offer_id":39498909352029,"sku":"9783838339122","price":79.0,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/a30ecfef-f02f-4f3d-a65a-98dde099d09e.jpg?v=1775626944","url":"https:\/\/shop.autorenwelt.de\/products\/information-asymmetry-quality-and-prices-in-the-tourism-market-von-evis-kushi","provider":"Autorenwelt Shop","version":"1.0","type":"link"}