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Article: Game-theoretic approach to competition dynamics in tourism supply chains

TitleGame-theoretic approach to competition dynamics in tourism supply chains
Authors
KeywordsCompetition
Game theory
Package holidays
Supply chain dynamics
Tourism supply chain
Issue Date2009
PublisherSage Publications, Inc. The Journal's web site is located at http://www.sagepub.com/journal.aspx?pid=45
Citation
Journal Of Travel Research, 2009, v. 47 n. 4, p. 425-439 How to Cite?
AbstractThis article considers two tourism supply chains (TSCs). Each TSC is assumed to consists of three sectors with the following service providers - a theme park operator, accommodation providers, and tour operators. Game theory is used to investigate the cooperation and competition between these two TSCs, between the three sectors within each TSC, and between the enterprises within each sector when configuring and marketing package holidays. Several important findings are obtained. First, a larger membership in each of the TSC sectors strengthens the sector's overall capacity and intensifies the internal competition, thus reducing members' profits while other sectors benefit from this internal competition. Second, decision makers of the two competing TSCs should adopt appropriate product differentiation strategies by carefully positioning their package holiday products to optimize their performance. Third, the theme park would benefit from integration with the accommodation provider. There exists a win-win situation in which the performances of both TSCs could be improved, if the integration adequately increases the TSCs' preference. © 2009 SAGE Publications.
Persistent Identifierhttp://hdl.handle.net/10722/74398
ISSN
2015 Impact Factor: 2.905
2015 SCImago Journal Rankings: 3.490
ISI Accession Number ID
References

 

DC FieldValueLanguage
dc.contributor.authorYang, Sen_HK
dc.contributor.authorHuang, GQen_HK
dc.contributor.authorSong, Hen_HK
dc.contributor.authorLiang, Len_HK
dc.date.accessioned2010-09-06T07:00:56Z-
dc.date.available2010-09-06T07:00:56Z-
dc.date.issued2009en_HK
dc.identifier.citationJournal Of Travel Research, 2009, v. 47 n. 4, p. 425-439en_HK
dc.identifier.issn0047-2875en_HK
dc.identifier.urihttp://hdl.handle.net/10722/74398-
dc.description.abstractThis article considers two tourism supply chains (TSCs). Each TSC is assumed to consists of three sectors with the following service providers - a theme park operator, accommodation providers, and tour operators. Game theory is used to investigate the cooperation and competition between these two TSCs, between the three sectors within each TSC, and between the enterprises within each sector when configuring and marketing package holidays. Several important findings are obtained. First, a larger membership in each of the TSC sectors strengthens the sector's overall capacity and intensifies the internal competition, thus reducing members' profits while other sectors benefit from this internal competition. Second, decision makers of the two competing TSCs should adopt appropriate product differentiation strategies by carefully positioning their package holiday products to optimize their performance. Third, the theme park would benefit from integration with the accommodation provider. There exists a win-win situation in which the performances of both TSCs could be improved, if the integration adequately increases the TSCs' preference. © 2009 SAGE Publications.en_HK
dc.languageengen_HK
dc.publisherSage Publications, Inc. The Journal's web site is located at http://www.sagepub.com/journal.aspx?pid=45en_HK
dc.relation.ispartofJournal of Travel Researchen_HK
dc.rightsJournal of Travel Research. Copyright © Sage Publications, Inc.en_HK
dc.subjectCompetitionen_HK
dc.subjectGame theoryen_HK
dc.subjectPackage holidaysen_HK
dc.subjectSupply chain dynamicsen_HK
dc.subjectTourism supply chainen_HK
dc.titleGame-theoretic approach to competition dynamics in tourism supply chainsen_HK
dc.typeArticleen_HK
dc.identifier.openurlhttp://library.hku.hk:4550/resserv?sid=HKU:IR&issn=0047-2875&volume=47&issue=4&spage=425&epage=439&date=2009&atitle=Game-theoretic+approach+to+competition+dynamics+in+tourism+supply+chainsen_HK
dc.identifier.emailHuang, GQ:gqhuang@hkucc.hku.hken_HK
dc.identifier.authorityHuang, GQ=rp00118en_HK
dc.description.naturelink_to_subscribed_fulltext-
dc.identifier.doi10.1177/0047287508326533en_HK
dc.identifier.scopuseid_2-s2.0-65249152951en_HK
dc.identifier.hkuros168942en_HK
dc.relation.referenceshttp://www.scopus.com/mlt/select.url?eid=2-s2.0-65249152951&selection=ref&src=s&origin=recordpageen_HK
dc.identifier.volume47en_HK
dc.identifier.issue4en_HK
dc.identifier.spage425en_HK
dc.identifier.epage439en_HK
dc.identifier.eissn1552-6763-
dc.identifier.isiWOS:000266554800003-
dc.publisher.placeUnited Statesen_HK
dc.identifier.scopusauthoridYang, S=35207523100en_HK
dc.identifier.scopusauthoridHuang, GQ=7403425048en_HK
dc.identifier.scopusauthoridSong, H=7404036753en_HK
dc.identifier.scopusauthoridLiang, L=25632675700en_HK

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