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dc.contributor.authorCellini, Robertoen_US
dc.contributor.authorRizzo, Giuseppeen_US
dc.date.accessioned2012-03-07en_US
dc.date.accessioned2012-03-08T16:47:43Z-
dc.date.available2012-03-08T16:47:43Z-
dc.date.issued2012en_US
dc.identifier.urihttp://hdl.handle.net/10419/55853-
dc.description.abstractThis paper presents a theoretical model to investigate the incentive of private producer and policymaker to reduce seasonality in a given market, where consumers derive different utilities from the consumption of the good in different seasons. The (seasonal) product differentiation is modelled along the lines of the contributions of Gabszewicz and Thisse (Price Competition, Quality and Income Disparities, 1979) and Shaked and Sutton (Relaxing Price Competition through Product Differentiation, 1982). The authors take into consideration that investments are possible to reduce the degree of seasonality. They show that, for a wide set of parameter configuration, the policy maker finds it optimal to make more effort to reduce seasonality as compared to private producers. The theoretical conclusion is consistent with empirical and anecdotical evidence, especially in the field of tourism markets.en_US
dc.language.isoengen_US
dc.publisherKiel Institute for the World Economy (IfW) Kielen_US
dc.relation.ispartofseriesEconomics Discussion Papers 2012-16en_US
dc.subject.jelD29en_US
dc.subject.jelL12en_US
dc.subject.jelL83en_US
dc.subject.ddc330en_US
dc.subject.keywordseasonalityen_US
dc.subject.keywordtourismen_US
dc.subject.keywordpublic spendingen_US
dc.titlePrivate and public incentive to reduce seasonality: A theoretical modelen_US
dc.typeWorking Paperen_US
dc.identifier.ppn688023037en_US
dc.rights.licensehttp://creativecommons.org/licenses/by-nc/2.0/de/deed.enen_US
dc.identifier.repecRePEc:zbw:ifwedp:201216-
Appears in Collections:Economics: The Open-Access, Open-Assessment E-Journal - Discussion Papers

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