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On the provision of guided tours in multiple foreign languages to tourists

Author

Listed:
  • Amitrajeet A Batabyal

    (Rochester Institute of Technology)

  • Seung Jick Yoo

    (Sookmyung Women's University)

Abstract

We provide the first theoretical analysis of the working of an agency that provides guided tours in multiple foreign languages to tourists. We begin by delineating a simple model of the functioning of such an agency. Our model accounts for the fact that this agency is operating in an environment of uncertainty because the demand for guided tours in foreign languages is probabilistic. Next, we compute the probability that in the next day, the agency under study will receive a total of n∈N requests for guided tours. Finally, we ascertain the probability density function of the amount of time it takes to complete a requested guided tour in an arbitrary foreign language.

Suggested Citation

  • Amitrajeet A Batabyal & Seung Jick Yoo, 2018. "On the provision of guided tours in multiple foreign languages to tourists," Economics Bulletin, AccessEcon, vol. 38(1), pages 182-185.
    • Handle: RePEc:ebl:ecbull:eb-17-00886
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    References listed on IDEAS

    as
    1. Anaman, Kwabena A. & Looi, Chee N., 2000. "Economic Impact of Haze-Related Air Pollution on the Tourism Industry in Brunei Darussalam," Economic Analysis and Policy, Elsevier, vol. 30(2), pages 133-143, September.
    2. Hellström, Jörgen, 2002. "Count Data Modelling and Tourism Demand," Umeå Economic Studies 584, Umeå University, Department of Economics.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Foreign Language Guided Tour; Tourist Agency; Uncertainty;
    All these keywords.

    JEL classification:

    • L8 - Industrial Organization - - Industry Studies: Services
    • D8 - Microeconomics - - Information, Knowledge, and Uncertainty

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