THEORETICAL ANALYSIS OF THE CORRESPONDENCE BETWEEN TOURIST PREFERENCES AND DESTINATION SELECTION
DOI:
https://doi.org/10.31618/nas.2413-5291.2020.3.61.333Keywords:
destination choice, income, preference matching, tourismAbstract
How does the phenomenon of preference matching by tourists affect their choice between two possible destinations?
We study this question. Our analysis leads to two results. First, when the costs are equal, both destinations are visited in the equilibrium. Second, there is an income cutoff point and all tourists with lower incomes choose to vacation in cheaper destination.
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