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Tourists’ acceptance of Euro pricing: conjoint measurement with random coefficients

✍ Scribed by Josef A. Mazanec


Book ID
104314478
Publisher
Elsevier Science
Year
2002
Tongue
English
Weight
147 KB
Volume
23
Category
Article
ISSN
0261-5177

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✦ Synopsis


Pricing in the new European currency may have an influence on how consumers perceive a travel package and the company selling it. The paper introduces a set of interconnected explanatory variables, which determine the influence of Euro pricing versus pricing in local currency. An empirical study employs the 'second generation' structural equation modelling to perform random coefficient estimates for the part worth coefficients in a conjoint measurement design.