Spatial contexts of the competition in the hotel industry
DOI:
https://doi.org/10.18778/1508-1117.27.11Keywords:
Competition, economics, economic geography, tourism geography, geography of hospitalityAbstract
Critique of neoclassical (neoliberal) understanding of the phenomenon of competition enabled in the XX century arising numerous new economic theories which defined and interpreted the phenomenon of competition in a brand new manner. Rejecting of assumptions of neoliberal theory (particularly assumptions on the market equilibrium, and on access to the market information) had significant impact on redefining methodology of economic geography research on spatial contexts of the competition. Finally, changes observed in economic geography influenced back on development of economics. The main goal of this paper is to describe simultaneous and reciprocal methodological impacts between economics and economic geography. However, the author deliberately focused on economic and geographical studies on spatial contexts of the competition in the hotel industry.
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