A Behavioral Microeconomics Model Of Tourist Destination Choice Under Loss Aversion

This paper offers a theoretical and empirical characterization of destination choice under risk perceptions with loss averse individuals. We develop a novel theoretical model that extends the traditional microeconomic theory of destination choice by incorporating reference-dependent preferences, par...

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Veröffentlicht in:Journal of hospitality & tourism research (Washington, D.C.) D.C.), 2025-01
Hauptverfasser: Boto-García, David, Balado-Naves, Roberto, Suárez-Fernández, Sara
Format: Artikel
Sprache:eng
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