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Gabriela Cecilia Stănciulescu and Elisabeta Ilona Molnar

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.

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Zorana Kostić, Boban Stojanović and Snežana Radukić

Abstract

The starting hypothesis is that the market structure to a large extent determines the conduct and the level of the achieved performance of economic entities. The aim of this paper is to determine the theoretical and empirical correlation between market structure, conduct, and performance of economic entities. The paper provides an analytical overview of the mobile telecommunications market in the Republic of Serbia. By using different indicators (the Concentration ratio, the HHI, the Lorenz curve, and the Gini coefficient), the supply concentration in this market is measured and the nature of competition is analysed. By using statistical methods (correlation and simple linear regression analysis), the correlation between the variables, which confirmed the existence of a strong positive correlation between the degree of supply concentration on the market and the level of achieved performance is examined.

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Simeon Papadopoulos and Stelios Karagiannis

production frontier approach, Applied Economics , 539-51. E. Elysiani and S. Mehdian. (1990), A non-parametric approach to measurement of efficiency and technological change: the case of large U.S banks. Journal of Financial Services Research , 157-68. D. Evanoff and D. Fortier. (1988), Re-evaluation of the s-c-p paradigm in banking, Journal of Financial Services Research , 277-294. D. Evanoff and P. Israilevich. (1991), Productive efficiency in banking, Economic Perspectives, Federal Reserve

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Eulalia Skawińska and Romuald I. Zalewski

), Czy koncepcja społecznej odpowiedzialności biznesu może być inspiracją dla nowego paradygmatu ekonomii [in]: Etyka i ekonomia – w stronę nowego paradygmatu. Mączyńska E., Sojka J. (Ed.). PTE Warszawa. 14. Geissdoerfer M. etal. (2017), The circular economy – a new sustainability paradigm. J. Clean. Prod., 143, pp. 757-768. 15. GFN (Global Footprint Network) (2018), https://www.footprintnetwork.org/our-work/countries/ . 16. Grudzewski E.W., Hejduk I. K., Sankowska A., Wańtuchowicz M. (2010), Sustainability w biznesie czyli przedsiębiorstwo

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Martina Husáková

, R. (2007). Mathematics and complex systems. Science, 318, 410–412. DOI: 10.1126/science.1141754. Holloway, J. C., Humphreys, C., & Davidson, R. (2009). The Business of Tourism . Pearson Education Limited, 8th ed. ISBN 978–0-273–71710–2. Horling, B., & Lesser, V. (2004). A Survey of Multi-Agent Organizational Paradigms. The Knowledge Engineering Review, 19(4), 281–316. DOI: 10.1017/S0269888905000317. Johnson, P. A., & Sieber, R. E. (2009). Agent-based modelling: A Dynamic Scenario Planning Approach to Tourism PSS. In S. Geertman & J