Students can propose topics of their choice to the supervisor. However, some of the Professors are available to supervise students on the following topics:
Manuela Presutti - Tourism Management:
Paolo Figini - Tourism Macroeconomics
Lorenzo Zirulia - Tourism Microeconomics
1. Pricing strategies by tourism firms: direct and indirect price discrimination, intertemporal price discrimination, behaviour-based price discrimination, bundling, refund policies etc.
References:
2. Behavioural economics and tourism markets: bounded rationality , heuristics and cognitive biases on the firms’ side; bounded rationality, heuristics and cognitive biases on the consumers’ side; how “rational” firms can exploit boundedly rational consumers.
References:
Armstrong, M. and Huck, S. (2010) Behavioral Economics as Applied to Firms: A Primer. Competition Policy International 6: 3-45 (http://ideas.repec.org/p/ces/ceswps/_2937.html)
Ellison G. (2006) Bounded Rationality in Industrial Organization. In Blundell, Newey and Persson (eds.), Advances in Economics and Econometrics: Theory and Applications, Ninth World Congress, Cambridge University Press, 2006 (http://economics.mit.edu/faculty/gellison/papers)
Kahneman (2011) Thinking, Fast and Slow. Farrar, Straus and Giroux
Fabio Zagonari - Enviromental Economics
Maria Letizia Guerra - Mathematics for Social Sciences
1. Risk management through financial derivatives in tourism sector
References:
Beyazit, M.F., Koc, E. (2010) An analysis of snow options for ski resort establishments. Tourism Management, 31, 676-683.
Bank, M., Wiesner, R., (2011) Determinants of weather derivatives usage in the Austrian winter tourism industry, Tourism Management, 32, 1, 62-68.
Chun-Hung Tang, Soo Cheong Jang (2011) Weather risk management in ski resorts: Financial hedging and geographical diversification, International Journal of Hospitality Management, 30, 301-311.
J. Svec, M. Stevenson, (2007) Modelling and forecasting temperature based weather derivatives, Global Finance Journal, 18, 2, 2007, 185-204.
2. Fuzzy numbers for uncertainty modelling in tourism
References:
José M. Merigó, Anna M. Gil-Lafuente, Onofre Martorell, (2012) Uncertain induced aggregation operators and its application in tourism management, Expert Systems with Applications, 39, 1, 869-880.
Chao-Hung Wang, (2004) Predicting tourism demand using fuzzy time series and hybrid grey theory, Tourism Management, 25, 3, 367-374.
3. Investment appraisal in tourism by real options
References:
Anastasios Michailidis, (2006) Managing tourism investment opportunities under uncertainty: a real options approach, International Journal of Tourism Research, 8, 5, 381–390.
Students willing to undertake research on one of these topics are kindly requested to write to the above mentioned professors.