IEEE - Institute of Electrical and Electronics Engineers, Inc. - Study on the Optimal Investment Timing of Visitor Attractions under the Uncertainty of Tourism Demand

2011 International Conference on Management and Service Science (MASS 2011)

Author(s): Guo Chunfan
Publisher: IEEE - Institute of Electrical and Electronics Engineers, Inc.
Publication Date: 1 August 2011
Conference Location: Wuhan, China, China
Conference Date: 12 August 2011
Page(s): 1 - 4
ISBN (CD): 978-1-4244-6580-4
ISBN (Electronic): 978-1-4244-6581-1
ISBN (Paper): 978-1-4244-6579-8
DOI: 10.1109/ICMSS.2011.5998558
Regular:

the investment of visitor attractions (IVA) is irreversible and uncertain. Tourism demand is the main uncertain factor affected it. Based on the Real Options Theory, this paper studies the optimal... View More

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