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The article adopts a discrete choice modeling methodology with a focus on capturing systematic heterogeneity to evaluate tourists’ preferences for two Greek heritage attractions. This methodology provides useful insights on the preferences of tourists belonging in different demand segments while also providing direction for future policy making in this area. The article presents empirical justification for the frequently cited argument for adopting a more customer-oriented rationale for the optimal use of heritage resources. Overall, the article supports the claim that tourists value positively the introduction of services and amenities that improve the quality of customer service. Thus, policy makers and heritage managers should pay more attention to visitors’ needs and their particular requirements.

Relationships between prices are of interest when testing for market integration as well as analyses of supply chains. A feature that has received little attention is that if two supply chains are linked by market integration at some stage, then the whole supply chain will be linked. Furthermore, the leading price in such a system can be in one supply chain and will not be revealed in market integration studies or analysis of a single supply chain. An empirical analysis is provided for the supply chains for salmon which originates in Norway and the United Kingdom and is then sold at retail level in France as smoked salmon. We find a high degree of price transmission in both supply chains, as well as integrated markets.

I. INTRODUCTIONEfficiency plays an important role in the operation of firms. If firms are pursing a policy of shareholder wealth maximisation, this implies that maximum efficiency is extracted from a firm's resources during the production process, or that the minimum quantity of inputs is used to achieve a desired level of output.Studies on efficiency in firms have been relatively forthcoming and include work on technical efficiency in the Japanese manufacturing sector [Hitomi (2004)], the UKCS Petroleum Industry [Kashani (2005)] and labour efficiency of the Indian farming industry [Kumbhakar (1996)].However, there is little in the way of research conducted on efficiency within the banking sector, and even less on the banking sectors of developing economies [Berger and Humphry (1997)]. This is unfortunate, as banks and financial institutions are the most important organisations in overall financial intermediation and economic acceleration of a country. Banks play a significant role in converting deposits into productive investment [Podder and Mamun (2004)]. For this reason, the study of banking in developing economies entails a greater significance.This paper seeks to examine the efficiency of the banking sectors in India, Pakistan and Bangladesh, over the period 1993-2001, a period which is also characterised in the Indian sub-continent as a period of significant reform, deregulation and liberalisation in each country's respective banking sectors.This process of liberalisation and modernisation is vitally important in this particular case. Because of its unique position within the framework of an economy, the banking industry of a country is invariably more heavily regulated and scrutinised than other industries. This trend is particularly apparent in developing economies, where banks tend to exhibit poor performance as a result of overly prohibitive regulation [Kumbhakar and Sarkar (2003)]. Thus, tests of efficiency can be made more meaningful by including some comparison of efficiency both pre and post modernisation. However, as subsequently outlined in the paper, prior studies