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dc.contributor.authorCandela, Guidoen_US
dc.contributor.authorCastellani, Massimilianoen_US
dc.contributor.authorMussoni, Maurizioen_US
dc.date.accessioned2012-02-14en_US
dc.date.accessioned2012-02-17T15:10:58Z-
dc.date.available2012-02-17T15:10:58Z-
dc.date.issued2012en_US
dc.identifier.urihttp://hdl.handle.net/10419/55516-
dc.description.abstractThe authors solve a linear problem where a potential conflict between two agents (Destination manager and Firm) arises in a tourism destination. Destination manager has to choose how to allocate limited resources (capital and land) between either second homes or hotels. This conflict stems from the assumption of agents who have different linear preferences with respect to the allocation of limited resources. As a solution to this policy problem the authors consider three different policies: no intervention (laissez faire), taxation and temporary de-taxation policy. Comparing these different policies, the authors show that a compromise solution (internal solution), which results from the de-taxation policy, may be preferred by both agents over the clash of interests outcomes (corner solutions). Thus, the authors show that in a framework of conflict between agents a compromise solution may be preferable to both the absence of public intervention and the imposition of a tax by a public policy maker who has the discretionary power to regulate conflicts.en_US
dc.language.isoengen_US
dc.publisherKiel Institute for the World Economy (IfW) Kielen_US
dc.relation.ispartofseriesEconomics Discussion Papers 2012-11en_US
dc.subject.jelD74en_US
dc.subject.jelG11en_US
dc.subject.jelL83en_US
dc.subject.jelR52en_US
dc.subject.ddc330en_US
dc.subject.keywordConflict resolutionen_US
dc.subject.keywordinvestment decisionsen_US
dc.subject.keywordtourism and land useen_US
dc.subject.stwErholungsgebieten_US
dc.subject.stwDestinationsmanagementen_US
dc.subject.stwFremdenverkehrspolitiken_US
dc.subject.stwInvestitionspolitiken_US
dc.subject.stwBodennutzungen_US
dc.subject.stwKonflikten_US
dc.subject.stwSteuerpolitiken_US
dc.subject.stwTheorieen_US
dc.titleClashes and compromises: Investment policies in tourism destinationsen_US
dc.typeWorking Paperen_US
dc.identifier.ppn685293777en_US
dc.rights.licensehttp://creativecommons.org/licenses/by-nc/2.0/de/deed.enen_US
dc.identifier.repecRePEc:zbw:ifwedp:201211-
Appears in Collections:Economics: The Open-Access, Open-Assessment E-Journal - Discussion Papers

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