Vacation length choice: A dynamic mixed multinomial logit model

作者: Anna B. Grigolon , Aloys W.J. Borgers , Astrid D.A.M. Kemperman , Harry J.P. Timmermans

DOI: 10.1016/J.TOURMAN.2013.09.002

关键词:

摘要: Abstract This paper uses panel data to develop and estimate a dynamic model of choice the length stay vacation, controlling for unobserved heterogeneity state dependency. Length options vary from short (1–3 nights), medium (4–9 nights) long vacations (10 nights or more) decision not go on vacation in particular year. Independent variables include family lifecycle stage, income, month lags dependent variable. Results indicate that holidays are most strongly affected by trips made previously same year than vacations. In contrast, there is an increased need when any were yet current Month-specific confirm respondents have preferences making leisure during main warm seasons. The observed differences given various stages reflect imposed constraints age and/or household composition typical each group.

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