A multivariate analysis of tourists’ spending behaviour

Authors: Disegna, M., Durante, F. and Foscolo, E.

Journal: Advances in Intelligent Systems and Computing

Volume: 456

Pages: 187-195

ISBN: 9783319429717

ISSN: 2194-5357

DOI: 10.1007/978-3-319-42972-4_24

Abstract:

According to the micro-economic theories regarding consumption behaviour, the determinants affecting the joint propensity of purchasing different goods and services are investigated. For this purpose, a copula-based model is suggested to understand how different expenditure categories are dependent with each other. A real application drawn from the tourism field illustrates the proposed approach and shows its main advantages. The findings could guide local practitioners and managers in creating new promotional campaigns able to attract visitors willing to pay on a bundle of goods and services correlated with each other.

https://eprints.bournemouth.ac.uk/33523/

Source: Scopus

A multivariate analysis of tourists’ spending behaviour

Authors: Disegna, M., Durante, F. and Foscolo, E.

Editors: Vantaggi, B., Ferraro, M.B., Giordani, P., Gil, M.A., Gagolewski, M., Grzegorzewski, P. and Hryniewicz, O.

Conference: Soft Methods in Probability and Statistics, SMPS 2016

Dates: 12-14 September 2016

Journal: Advances in Intelligent Systems and Computing

Volume: 456

Pages: 187-195

Publisher: Springer Verlag

DOI: 10.1007/978-3-319-42972-4_24

https://eprints.bournemouth.ac.uk/33523/

Source: Manual

A multivariate analysis of tourists’ spending behaviour

Authors: Disegna, M., Durante, F. and Foscolo, E.

Editors: Vantaggi, B., Ferraro, M.B., Giordani, P., Gil, M.A., Gagolewski, M., Grzegorzewski, P. and Hryniewicz, O.

Conference: Soft Methods in Probability and Statistics, SMPS 2016

Pages: 187-195

Publisher: Springer Verlag

Abstract:

According to the micro-economic theories regarding consumption behaviour, the determinants affecting the joint propensity of purchasing different goods and services are investigated. For this purpose, a copula-based model is suggested. This is in fact a suitable model to understand whether and how different expenditure categories are dependent with each other. A real application drawn from the tourism field is used to illustrate how the proposed approach works and to demonstrate its flexibility. The findings could guide local practitioners and managers in creating new promotional campaigns able to attract visitors willing to pay on a bundle of goods and services correlated with each other.

https://eprints.bournemouth.ac.uk/33523/

Source: BURO EPrints