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willingness to pay
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4 articles
Review 17 Oct 2025
Jesús Huerta de Soto, Antonio Sánchez-Bayón and Philipp Bagus
This paper reviews the efficiency and sustainability of the management model during the COVID-19 crisis and beyond. There is a comparison between the centralized bureaucratic management versus the agile market alternative or spontaneous and flexible social
This paper reviews the efficiency and sustainability of the management model during the COVID-19 crisis and beyond. There is a comparison between the centralized bureaucratic management versus the agile market alternative or spontaneous and flexible social coordination. This is a study of Political Economy, Management, and Health Economics from the perspective of Austrian economics, with special attention to the Spanish case. The analysis is based on Mises theorem about the impossibility of economic calculation under centralized coactive systems, and other economic principles. In this context, we also pay attention to collateral problems of the centralized and coactive management. Finally, we propose a solution based on dynamic efficiency and the constitutions of wellbeing economics based on digitalization.
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Article 15 Jan 2025
Michael Tarrant, Mikell Gleason, Steven Boyd and Tony Wellington
We adopt a normative model of crowd tolerance (expressed as a willingness to support more or fewer tourists) as a proxy for overtourism. Consistent with Social Exchange Theory, it is proposed that a person will perceive
We adopt a normative model of crowd tolerance (expressed as a willingness to support more or fewer tourists) as a proxy for overtourism. Consistent with Social Exchange Theory, it is proposed that a person will perceive the impacts of tourism at a destination as positive or negative depending on the extent to which they view visitor levels as under or over a threshold that they expect or support (i.e., their norms or tolerance level). A total of 420 residents and 1048 visitors completed a survey interview in the tourist shire of Noosa between 2022 and 2024. Results show that residents and visitors differed significantly on many of the perceived tourism impacts, with long-term residents less favorable to the positive impacts than visitors. There was broad consensus across both residents and tourists, and the highest level of agreement, with negative impacts (especially that tourism contributes to traffic and parking congestion, and higher prices). The lowest levels of agreement with positive tourism impacts were found for “over tourists” (respondents who supported a fewer number of tourists). Implications for sustainable destination management are discussed in the context of the Quadruple Bottom Line, including efforts that enable tourism communities to grow well using a guardianship ethos and collective action of Gifts and Gains.
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Highlights of Sustainability
Volume 4 (2025), Issue 1, pp. 1–15
Volume 4 (2025), Issue 1, pp. 1–15
1885 Views584 Downloads2 Citations
Article 7 Feb 2024
Tsz Hin Hui, Nadine Itani and John F. O’Connell
Highlights of Sustainability
Volume 3 (2024), Issue 1, pp. 61–75
Volume 3 (2024), Issue 1, pp. 61–75
6898 Views2845 Downloads4 Citations
Article 28 Mar 2022
Reza Heydari, Mohammad Keshtidar, Haywantee Ramkissoon, Mahdi Esfahani and Ehsan Asadollahi
Highlights of Sustainability
Volume 1 (2022), Issue 2, pp. 41–53
Volume 1 (2022), Issue 2, pp. 41–53
4665 Views1572 Downloads3 Citations
Volume 4 (2025), Issue 4, pp. 205–215