Efficiency analysis of major cruise lines

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• 作者：Young-Tae Chang ; ^{ytchang@inha.ac.kr}Author Vitae ; Suhyung Lee ^{dltngud00@naver.com}Author Vitae ; Hyosoo (Kevin) Park ^{hyosoo.p@gmail.com}Author Vitae
• 关键词：Cruise line ; Efficiency ; Network DEA ; Bootstrapped-truncated regression
• 刊名：Tourism Management
• 出版年：2017
• 出版时间：February 2017
• 年：2017
• 卷：58
• 期：Complete
• 页码：78-88
• 全文大小：716 K
• 卷排序：58

文摘

This study measured the efficiency of the top three cruise lines Network DEA and bootstrapped-truncated regression were used They were efficient at the operating stage, but varied at the non-operating stage Cruise lines attempting high capacity expansion were relatively inefficient Neglected hedging policy over financial risks also contributed to the inefficiency