Asymetria informacji na rynku usług hotelarskich

Jaremen, Daria E.; Nawrocka, Elżbieta

doi:10.15611/pn.2015.379.39

Cited by 4 publications

(3 citation statements)

References 5 publications

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“…The incidence of information asymmetry does not solely affect the purchaser, but differing information resources could be relevant to the bidder (Jaremen & Nawrocka, 2015). This phenomena strongly indicates the market dysfunction and the formation of transaction costs, which arises from poor allocation of resources (Stiglitz, 2002;DiLorenzo, 2011).…”

Section: Uncertainty and Information Asymmetry In The Digital Economymentioning

confidence: 99%

“…It could appear that in order to lessen or perhaps entirely eradicate the asymmetry of information, it is required to access and collect information. However, as stated by Jaremen and Nawrocka (2015), expanding the information resource will not decrease the prevalence of this phenomenon. This is owing, for example, to the restricted capabilities of an earlier (i.e., before acquiring the information) meticulous assessment of the quantity, quality, and cost of information essential to make a choice.…”

Section: Uncertainty and Information Asymmetry In The Digital Economymentioning

confidence: 99%

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Reduction of information asymmetry in e-commerce: the web scraping approach

Hadasik

2024

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The realm of science and its progress have always been built on research, and ultimately on the experience that precedes it. In order to arrive at scientific results appropriately, investigations must be conducted and those are done when data is accessible. In the modern era of digital world and society, data is gathered much simpler than before the widespread availability of computers and broadband networks. Sadly, it is a challenge for a beginner researcher to access databases gathered by various organizations since they are safeguarded and available only to a small audience (sometimes for an additional price). As data collecting becomes much simpler when we have access to IT solutions of the 21st century, it is even more convenient with a utilization of an application that automatically gathers and organizes data. Such an automized database building technique may become notably beneficial when we have a desire to collect unstructured data from a given period and from a specific website, in- dependently from the industry. This is where web scraping – a strategy that includes obtaining data from websites, is handy. In actuality, data extraction (especially approaches linked to the very web scraping) comprises of a large variety of distinct methods and technologies, such as data analysis, natural language syntax analysis, and information security. To get the most out of their advantages, it is of paramount importance to understand how they function. The role of information in the purchasing process has been extensively de- scribed in the literature. In doing so, attention was often drawn to the problem of information asymmetry – when the individual customer is informationally in a weaker position than the seller. This problem becomes particularly important in online shopping. The purpose of this work is to create an automated tool based on the web scraping technique that is designed to reduce the infor- mation asymmetry occurring in the buyer-seller relationship. The plane for de- picting the phenomenon of information asymmetry and the established web scraping tool is the automotive sector, with a particular focus on the essence of classifieds portal as a platform for matching buyers with sellers. The case of the largest automotive classifieds portal in Poland, which is OTOMOTO, was used in this study. The theoretical backdrop of this research, which serves as its begin- ning point, will be the problem of the uncertainty of judgments, coming from information asymmetry, an example of which is described in the groundbreak- ing essay by Akerlof (1970). In this work, the baseline environment for illustrating the problem of information asymmetry is also the automotive industry. In order to achieve the goal of this study, the following research questions were posed: RQ1. What are the implications of information asymmetry for judgment uncer- tainty in online transactions, and how can they be mitigated? RQ2. How can web scraping tools be designed to specifically address the chal- lenges of information asymmetry in the e-commerce sector? RQ3. What is the potential impact of reducing information asymmetry through web scraping on the overall efficiency and fairness of the e-commerce market, especially in automotive industry? This book is organized as follows. Chapter 1 outlines the theoretical back- ground with specific attention dedicated to the issue of information asymmetry as articulated in Akerlof (1970). Chapter 2 discusses the theoretical foundation of data extraction from internet resources (with particular focus on web scrap- ing), their characteristics, particularly legal as well as ethical issues, and the necessity to deploy data collection technologies in the research setting. In Chapter 3, a tool for data extraction created together with a suitable database to be able to harvest data from the OTOMOTO advertising site is discussed. The Chapter also provides technical elements including the Python language upon which the constructed tool is predicated. Chapter 3 additionally covers a practi- cal portion of the research in which a sample evaluation of the automotive in- dustry in Poland is done, which draws on the data gathered from OTOMOTO advertisement portal with the assistance of the built web scraping tool. The book can be found useful for researchers, academics, and data scien- tists, offering scholarly insights into reducing information asymmetry in e-commerce through web scraping. E-commerce practitioners and business owners in the automotive sector can gain competitive advantages by applying the book’s practical guidance for market analysis. The employment of the cre- ated web scraping tool, once quantitative data is retrieved, can be used by, e.g., data analysts, for the advanced analysis of the particular market, the verifica- tion of research hypotheses and the facilitation of decision-making processes. Policy makers, regulators, and legal professionals will find valuable perspectives on the legal implications of web scraping in enhancing information transparency. On the other hand, everyday customers of online stores may benefit from the theoretical and practical value that this book brings, especially with their will- ingness to compare offers posted in advertisements, further analyze them, and make the right purchase decision for themselves based on more complete access to information (or put another way: minimized uncertainty among buyers). This monograph is an adaptation of the author’s master’s thesis with the same title, which was defended in July 2021 at the University of Economics in Katowice (Poland) under the supervision of Associate Professor Maria Mach- -Król, PhD. The thesis was defended with a very good result and served as the basis for issuing a Master’s degree diploma with distinction to the author. The thesis was awarded the second degree prize in the 2022 nationwide competi- tion of diploma theses in the field of economic informatics, which was awarded by the Scientific Society of Economic Informatics (Częstochowa, Poland).

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Section: Uncertainty and Information Asymmetry In The Digital Economymentioning

confidence: 99%

Section: Uncertainty and Information Asymmetry In The Digital Economymentioning

confidence: 99%

Reduction of information asymmetry in e-commerce: the web scraping approach

Hadasik

2024

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“…However, it is also a marketing instrument indicating conditions an accommodation facility must meet in order to be recognized as a hotel, motel, guesthouse, along with specifying detailed requirements for meeting the categorization criteria, usually included in the star system. Categorization systems of accommodation facilities focus primarily on the assessment of the service potential of a hotel facility, mainly tangible, marginalizing or completely eliminating the assessment of the services provided, employees serving hotel guests and the hotel guest service system itself [16]. Categorization is a tool of a certification nature that confirms a certain state, often met at a minimum level, which is considered appropriate from the point of view of the adopted criteria [17].…”

Section: Hotel Service Qualitymentioning

confidence: 99%

Classification of Hotels in the Context of Sustainable Development Factors. Case Study on Public Policy in the European Union and Poland

Wszendybył-Skulska,

Panasiuk

2024

Preprint

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With the growing awareness of entrepreneurs and consumers of the tourism market in the field of sustainable development, it seems necessary to base hotel classification systems on an integrated approach to management quality, including fulfilment of ecological and environmental criteria. The article aims to indicate how environmental standards are implemented in the European system of hotel classification- HotelstarsUnion and the one in force in Poland. With regards to these systems, the differences in the classification criteria taken into account within the systems of hotel categorization by certifying organizations in the European Union in relation to the administrative hotel categorization system in Poland were pointed out. Particular emphasis was placed on the criteria related to environmental management in the hotel industry. Criteria related to environmental management were identified through analysis of the content of criteria of eight environmental management systems that are applicable to the contemporary hotel market. The results of the research proved that even though the HotelstarsUnion system takes into account the principles of sustainable development to a much greater extent than the Polish one, its primary weakness is that most of its criteria related to environmental ones are optional. In addition, the optional ones have higher weights than the obligatory ones. In turn, the Polish classification system makes very little reference to environmental standards. Moreover, it is not detailed and the assessment criteria are not up to date. Therefore, it is recommended that a greater number of environmental criteria is included when updating the HotelstarsUnion system, which should be obligatory for hotels to meet. In addition, the sustainability criteria included in the HotelstarsUnion system should be adapted to the policy system aimed at the hotel industry in Poland and other EU countries.

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Leasing of agricultural land versus agency theory: the case of Poland

Marks-Bielska

Zielińska

2018

EiP

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Motivation: Agency theory examines relations between entities as contract relations, like land owner and tenant. Polish farmland market and its 'rules of the game' are still changing after political transformation. Decisions and actions presented by both parts of the lease contract seems to be easier to understand, explain and predict with the research instrumentality of new institutional economy, especially agency theory. Agency relationship is the issue studied by the economists many times, but there is a need to complete it with examples, researches and practical implications. Aim: the determination of the significance of the lease in Polish agriculture with the use of agency theory. Results: Use of the analytical apparatus of agency theory allowed for the indication of critical elements in the lessee/ lessor relation. One of the most important elements of contract specification is the remuneration transferred as part of the relation. Payments in the market of leasing deriving from the Agricultural Property Agency are regulated by the institution of the lease fee. On the other hand, in the case of leases between neighbours, there are both financial instruments (e.g. settlement of tax, resignation from land subsidies for the benefit of the land owner, rent) and non-financial ones (e.g. equivalent in agricultural products, services performed with mechanical equipment, household care). The results

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Asymetria informacji na rynku usług hotelarskich

Cited by 4 publications

References 5 publications

Reduction of information asymmetry in e-commerce: the web scraping approach

Reduction of information asymmetry in e-commerce: the web scraping approach

Classification of Hotels in the Context of Sustainable Development Factors. Case Study on Public Policy in the European Union and Poland

Leasing of agricultural land versus agency theory: the case of Poland

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