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dc.contributor.authorCellini, Robertoen
dc.contributor.authorRizzo, Giuseppeen
dc.date.accessioned2012-03-07-
dc.date.accessioned2012-03-08T16:47:43Z-
dc.date.available2012-03-08T16:47:43Z-
dc.date.issued2012-
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
dc.language.isoengen
dc.publisher|aKiel Institute for the World Economy (IfW) |cKielen
dc.relation.ispartofseries|aEconomics Discussion Papers |x2012-16en
dc.subject.jelD29en
dc.subject.jelL12en
dc.subject.jelL83en
dc.subject.ddc330en
dc.subject.keywordseasonalityen
dc.subject.keywordtourismen
dc.subject.keywordpublic spendingen
dc.titlePrivate and public incentive to reduce seasonality: A theoretical model-
dc.typeWorking Paperen
dc.identifier.ppn688023037en
dc.rights.licensehttp://creativecommons.org/licenses/by-nc/2.0/de/deed.enen
dc.identifier.repecRePEc:zbw:ifwedp:201216en

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