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Comportamenti d'impresa e informazione del consumatore: un'analisi empirica sui prezzi del pernottamento turistico

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  • Guido Candela
  • Roberto Cellini
  • Antonello E. Scorcu

Abstract

The paper analyses the relationship between the average quantity of a good demanded by a consumer in a single act of purchase and the price setting behaviour of firms, in the presence of consumers' uncertainty about prices. A decrease of the average quantity purchased leads consumers to reduce the collection of information and increases the room for larger mark-up set by firms, with a consequent higher average price and higher variance of prices. An empirical analysis on the data about hotel stays in Italian seaside resorts in the period 1988-1997 is consistent with this point.

Suggested Citation

  • Guido Candela & Roberto Cellini & Antonello E. Scorcu, 2003. "Comportamenti d'impresa e informazione del consumatore: un'analisi empirica sui prezzi del pernottamento turistico," Politica economica, Società editrice il Mulino, issue 3, pages 441-465.
    • Handle: RePEc:mul:je8794:doi:10.1429/11029:y:2003:i:3:p:441-465
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    Cited by:

    1. Figini, Paolo & Vici, Laura, 2012. "Off-season tourists and the cultural offer of a mass-tourism destination: The case of Rimini," Tourism Management, Elsevier, vol. 33(4), pages 825-839.
    2. Guido Candela & Paolo Figini, 2010. "Destination Unknown. Is there any Economics Beyond Tourism Areas?," Review of Economic Analysis, Digital Initiatives at the University of Waterloo Library, vol. 2(3), pages 256-271, September.

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