Travel preferences of Asian gay men

Lesbian, gay, bisexual and transgender (LGBT) travel is an emerging theme within tourism academia. However, most research to date has focused on the Western context. The reviewed literature appears to assume gay market to be homogenous. The present study contributes to understanding of Asian gay men travel preferences. Qualitative analysis of interviews with Asian gay men is undertaken. Findings suggest that the following categories impact travel decisions among Asian gay men: centrality of being gay to self-identity, degree of disclosure of personal sexuality to others, level of disposable income, purpose of travel, safety and conservativeness of the destination. Moreover, the findings provide a classification for gay tourist attractions. The classification of gay attractions includes the following categories: site/event, exclusivity, popularity, commercialisation, type of benefits provided and political activism. The results point to high diversity of travel preferences among Asian gay men. Treatment of LGBT travellers as a single market is critiqued.     

中国银行业发展回顾与展望

从制度上看，现在的银行和金融市场系统是从高度集中的、单一的银行体系发展而来。单一的银行体系同时既作为中央银行，负责发行货币、履行政府的货币政策，也作为商业银行，负责存贷款、结算业务。到了20世纪50年代中期，银行体系开始扩大，中国银行建立了，它接受中国人民银行的领     

A multi-facet item response theory approach to improve customer satisfaction using online product ratings

Journal of the Academy of Marketing Science - While online platforms often provide a single composite rating and the ratings of different attributes of a product, they largely ignore the attribute...     

The impact of liquidity on option prices

This study illustrates the impact of both spot and option liquidity levels on option prices. Using implied volatility to measure the option price structure, our empirical results reveal that even after controlling for the systematic risk of Duan and Wei ( 2009 ), a clear link remains between option prices and liquidity; with a reduction (increase) in spot (option) liquidity, there is a corresponding increase in the level of the implied volatility curve. The former is consistent with the explanation on hedging costs provided by Cetin, Jarrow, Protter, and Warachka ( 2006 ), whereas the latter is consistent with the “illiquidity premium” hypothesis of Amihud and Mendelson ( 1986a ). This study also shows that the slope of the implied volatility curve can be partially explained by option liquidity. © 2011 Wiley Periodicals, Inc. Jrl Fut Mark