Scheduling Trips During the Slack Season: An Aspect of the Economics of Seasonal Tourism
RIT Economics Department Working Paper No. 08-01
10 Pages Posted: 27 Dec 2007
There are 2 versions of this paper
Scheduling Trips During the Slack Season: An Aspect of the Economics of Seasonal Tourism
Scheduling Trips during the Slack Season: An Aspect of the Economics of Seasonal Tourism
Date Written: January 2008
Abstract
The trip scheduling problem faced by a firm providing transport to tourists visiting a specific location in the slack season has received scant theoretical attention in the tourism literature. Therefore, we conduct a stochastic analysis of the slack season trip scheduling problem. We first describe a general model that accounts for the common features of sightseeing trips to city attractions and to locations such as fiords and lakes. Second, we determine the long run fraction of time that the transport providing firm is unable to satisfy the demand for trips. Third, we ascertain the long run fraction of demand that is lost to the transport providing firm. Finally, we generalize the analysis and consider the case in which a key exogenously given variable is random and not constant.
Keywords: Peak Season, Slack Season, Stochastic Demand, Tourism, Trip Scheduling
JEL Classification: L83, L23, R41
Suggested Citation: Suggested Citation
Do you have negative results from your research you’d like to share?
Recommended Papers
-
A Probabilistic Analysis of a Scheduling Problem in the Economics of Tourism
-
Visitor Classification, Vehicle Breakdowns, and the Provision of Transport for Tourism
-
A Probabilistic Analysis of Guided Tours for Tourists during the Slack Season
-
A Note on Guided Tours for Two Classes of Tourists During the Slack Season
-
A Note on Guided Tours for Two Classes of Tourists During the Slack Season
-
A Stochastic Analysis of Alternate Ways of Scheduling Transport for Tourists
-
An Independence Result Concerning the Arrival Rate of and the Provision of Transport to Tourists
-
An Alternate Approach to Modeling the Slack Season Provision of Guided Tours to Tourists
-
On Optimizing the Provision of Guided Tours to Tourists During the Slack Season