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Optimal Tourism Product
[Produit Touristique Optimal]

Author

Listed:
  • Bruno Marques

    (CEREGMIA - Centre de Recherche en Économie, Gestion, Modélisation et Informatique Appliquée - UA - Université des Antilles)

  • Jean Claude Mado

    (CEREGMIA - Centre de Recherche en Économie, Gestion, Modélisation et Informatique Appliquée - UA - Université des Antilles)

  • Vincent Valmorin

    (CEREGMIA - Centre de Recherche en Économie, Gestion, Modélisation et Informatique Appliquée - UA - Université des Antilles)

  • J Velin

    (CEREGMIA - Centre de Recherche en Économie, Gestion, Modélisation et Informatique Appliquée - UA - Université des Antilles)

Abstract

Considering the tourist destination as a set of agents with heterogeneous objectives, the paper identifies the Pareto optimality conditions of the tourism product, designed as set of different goods. Out of an optimization model with numerous agents and constraints, two theorems require three sequential conditions for the existence and location of the optimal tourism product: the unequal weight of the agents, the predominance of external objectives and the need for an imperfectly competitive market in the tourist activities. With heterogeneity at the heart of the model, the paper establishes tourism policy as a trade-off between heterogeneous objectives of economic agents and economic conditions revealed by prices

Suggested Citation

  • Bruno Marques & Jean Claude Mado & Vincent Valmorin & J Velin, 2018. "Optimal Tourism Product [Produit Touristique Optimal]," Working Papers hal-01687976, HAL.
    • Handle: RePEc:hal:wpaper:hal-01687976
    Note: View the original document on HAL open archive server: https://hal.univ-antilles.fr/hal-01687976
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    File URL: https://hal.univ-antilles.fr/hal-01687976/document
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    References listed on IDEAS

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    1. Bonnisseau, Jean-Marc & Cornet, Bernard, 1988. "Valuation equilibrium and pareto optimum in non-convex economies," Journal of Mathematical Economics, Elsevier, vol. 17(2-3), pages 293-308, April.
    2. Jean-Marc Bonnisseau, 1994. "Caractérisation des optima de pareto dans une économie avec effets externes," Annals of Economics and Statistics, GENES, issue 36, pages 97-112.
    3. Guido Candela & Paolo Figini, 2010. "Destination Unknown. Is there any Economics Beyond Tourism Areas?," Review of Economic Analysis, Digital Initiatives at the University of Waterloo Library, vol. 2(3), pages 256-271, September.
    4. Candela, Guido & Figini, Paolo & Scorcu, Antonello E., 2005. "The Economics of Local Tourist Systems," Natural Resources Management Working Papers 12130, Fondazione Eni Enrico Mattei (FEEM).
    5. Rinaldo Brau & Alessandro Lanza (ed.), 2008. "Tourism and Sustainable Economic Development," Books, Edward Elgar Publishing, number 12972.
    6. Andergassen, Rainer & Candela, Guido & Figini, Paolo, 2013. "An economic model for tourism destinations: Product sophistication and price coordination," Tourism Management, Elsevier, vol. 37(C), pages 86-98.
    7. repec:adr:anecst:y:1994:i:36:p:05 is not listed on IDEAS
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    More about this item

    Keywords

    Tourist destination; Tourist product; Pareto optimality; Produit touristique ; Optimalité parétienne; Destination touristique;
    All these keywords.

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