Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/55516 
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dc.contributor.authorCandela, Guidoen
dc.contributor.authorCastellani, Massimilianoen
dc.contributor.authorMussoni, Maurizioen
dc.date.accessioned2012-02-14-
dc.date.accessioned2012-02-17T15:10:58Z-
dc.date.available2012-02-17T15:10:58Z-
dc.date.issued2012-
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
dc.language.isoengen
dc.publisher|aKiel Institute for the World Economy (IfW) |cKielen
dc.relation.ispartofseries|aEconomics Discussion Papers |x2012-11en
dc.subject.jelD74en
dc.subject.jelG11en
dc.subject.jelL83en
dc.subject.jelR52en
dc.subject.ddc330en
dc.subject.keywordConflict resolutionen
dc.subject.keywordinvestment decisionsen
dc.subject.keywordtourism and land useen
dc.subject.stwErholungsgebieten
dc.subject.stwDestinationsmanagementen
dc.subject.stwFremdenverkehrspolitiken
dc.subject.stwInvestitionspolitiken
dc.subject.stwBodennutzungen
dc.subject.stwKonflikten
dc.subject.stwSteuerpolitiken
dc.subject.stwTheorieen
dc.titleClashes and compromises: Investment policies in tourism destinations-
dc.typeWorking Paperen
dc.identifier.ppn685293777en
dc.rights.licensehttp://creativecommons.org/licenses/by-nc/2.0/de/deed.enen
dc.identifier.repecRePEc:zbw:ifwedp:201211en

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