99 documents found, page 1 of 10

Effects of restaurants' reputation and leadership in the restaurant industry, u...

This paper explores the effects of reputation and leadership dynamics within the restaurant industry, focusing on how these factors influence competition in quality and price. Using a three stage dynamic model, where restaurants first determine quality in two stages and then set prices, this study aims to analyse the interactions between higher-reputation and lower-reputation establishments. The findings sugges...

Sequential move model for quantity and quality competition in the restaurant in...

This paper examines a competition in both quality and quantity between two asymmetric restaurants. The model that we consider is a Stackelberg duopoly on quantities (sequential decision-making), after a simultaneous choice of quality. Our findings indicate that the restaurant with the best reputation provides a greater variety of higher-quality food compared to its competitor. We also examine how variations in ...

Partial state ownership in the hospitality industry

Privatization often leads to improved efficiency and productivity in the privatized enterprises. Private firms typically have stronger incentives to cut costs, innovate, and respond to market demands compared to state-run enterprises. Privatization also reduces the administrative and financial burden on the government, allowing it to focus on core functions such as regulation, policy-making, and public welfare....

Corporate social responsibility and quality leadership in food industry

Corporate social responsibility (CSR) is critical in the food industry as it builds consumer trust, promotes sustainability, upholds ethical practices, and encourages innovation. In this paper, we analyze some effects of CSR on food industry, by using a model in which one CSR restaurant competes with a for-profit (FP) one in the choice of the quality and quantities of their products. We will discuss two cases: ...

Benchmarking commercially available value-added fractions with potential for pr...

ABSTRACT: The urgent need to mitigate climate change requires finding sustainable and efficient alternatives to fossil fuel-based materials. Biosequestration by microalgae has been suggested as a potential method for climate change mitigation due to its environmentally friendly nature and ability to produce high-value compounds. However, the large-scale application of microalgal biorefineries faces significant ...

Environmental corporate social responsibility (ECSR) in a price-set competition...

Environmental corporate social responsibility (ECSR) has emerged as a crucial concept in the business world, reflecting a growing recognition of the profound impact of corporate activities on the environment. We will study a model in which two hotels with different objectives must take decisions on environmental CSR policies and on room rates, considering the separation between ownership and management. We will...

Environmental CSR and pricing strategy in the hospitality industry

Corporate social responsibility (CSR) has become increasingly important in the hospitality industry as consumers and stakeholders have become more concerned with sustainability and social responsibility. This paper provides an overview of CSR in the hospitality industry and highlights the importance of CSR for hotels and resorts. The benefits of CSR initiatives for the hospitality industry include enhanced repu...

Desafios e facilitadores na aprendizagem prática em gastronomia: perspectivas d...

Sustainability and hotel room pricing strategies

Social welfare in the hospitality industry refers to the overarching efforts and initiatives aimed at promoting the well-being and satisfaction of various stakeholders within the sector. This includes not only guests but also employees, local communities, and the environment. In this paper, we consider two different economic models in the hospitality industry, where one consumer-friendly hotel competes with a f...

Sustainability and hotel room pricing strategies

Social welfare in the hospitality industry refers to the overarching efforts and initiatives aimed at promoting the well-being and satisfaction of various stakeholders within the sector. This includes not only guests but also employees, local communities, and the environment. In this paper, we consider two different economic models in the hospitality industry, where one consumer-friendly hotel competes with a f...