4pm - 6pm GMT

Wednesday 1 October 2025

Behavioural economics in tourism and hospitality research webinar 1

Overview

Tourism and hospitality decisions are often far less rational than neoclassical economic models suggest. Travel choices involve risk, uncertainty, and emotionally charged future experiences that are difficult to assess rationally, while the abundance of options can lead to choice overload. These complexities highlight the need for alternative approaches. Behavioral economics—drawing on psychology and economics—offers valuable insights by examining how cognitive shortcuts, emotions, and contextual cues shape decision-making. Rather than replacing traditional models, it extends them with a richer understanding of tourist behaviour. 

During this webinar, co-hosted by COVE, authors will present papers from a recently published special issue that advance behavioral economics in tourism and hospitality research by applying novel theoretical frameworks or by developing innovative research designs to better capture actual behavior.

List of speakers and their papers

  • Chen, Y., & Bianchi, G. (2025). Coupon Redemption in Food and Beverage Businesses: Situational Effects of In-Vehicle Scenarios. Journal of Hospitality & Tourism Research, 49(7), 121-1226.
  • Hrankai, R., Chan, I. C. C., & Senbeto, D. L. (2025). Understanding the role of response latency on position bias in tourists’ online travel planning. Journal of Hospitality & Tourism Research, 47(7), 1227-1240.
  • Nam, Y., & Yang, Y. (2025). Cognitive inconsistency in travel risk perception: A behavioral economics perspective. Journal of Hospitality & Tourism Research, 47(7), 1303-1316.
  • Ni, X., Wang, D., Qiu, R. T. R., & Li, H. (2025). Tourist uncertainty premium for intra-destination public transport: A context-specific hybrid choice model. Journal of Hospitality & Tourism Research, 47(7), 1317-1331.

Special Issue: Advancing Behavioral Economics Research in Tourism and Hospitality: New Theoretical and Methodological Perspectives