<abstract xmlns="http://www.w3.org/1999/xhtml"><p>The purpose of this paper is to present and exemplify traditional and neoclassical approaches to market structure and tourism firm performance analysis. The paper tackles some of the industrial economic thinking trends which were meant to fill the gaps left by the traditional approaches. Two approaches stand out from among the industrial economic trends: SCP paradigm and game theory. The results show that the strategy tourism operators prefer is to practise high prices; however there is no certainty that the competitors would adhere to such an idea at the beginning or during the season.</p></abstract>

The purpose of this paper is to present and exemplify traditional and neoclassical approaches to market structure and tourism firm performance analysis. The paper tackles some of the industrial economic thinking trends which were meant to fill the gaps left by the traditional approaches. Two approaches stand out from among the industrial economic trends: SCP paradigm and game theory. The results show that the strategy tourism operators prefer is to practise high prices; however there is no certainty that the competitors would adhere to such an idea at the beginning or during the season.

Structure, conduct and performance paradigm in assessing travel agency performances

The Bucharest University of Economic Studies

Proceedings of the International Conference on Business Excellence

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

The purpose of this paper is to present and exemplify traditional and neoclassical approaches to market structure and tourism firm performance analysis. The...

Structure, conduct and performance paradigm in assessing travel agency performances

Published Online: Aug 26, 2017

Page range: 802 - 809

DOI: https://doi.org/10.1515/picbe-2017-0085

Keywords
SCP paradigm, tourism firm, game theory

© 2017 Gabriela Cecilia Stănciulescu et al., published by De Gruyter Open

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Structure, conduct and performance paradigm in assessing travel agency performances

Published Online: Aug 26, 2017

Page range: 802 - 809

DOI: https://doi.org/10.1515/picbe-2017-0085

KeywordsSCP paradigm, tourism firm, game theory

© 2017 Gabriela Cecilia Stănciulescu et al., published by De Gruyter Open

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Keywords
SCP paradigm, tourism firm, game theory