FUNARI S.

VISCOLANI B

Name not available

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Stefania Funari
(University of Venice)
Bruno Viscolani
Registered author(s):
Stefania Funari
Bruno Viscolani
PAPERS  ARTICLES  AUTHORS
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Advertising and
congestion management policies for
a museum temporary exhibition
Author Info
Abstract
In the economic literature there has recently
been a strong interest on cultural
organizations, especially museums.
Nevertheless, only a few mathematical models
have been developed in this field and most of them are econometric models. The
aim of this work is to propose a special optimal control model in order to analyze
the behaviour of a museum institution in terms of advertising and congestion
management policies. We focus on a museum which offers a special exhibition in a
definite time period. The model takes into account some of the basic features of
the museum institutions, which distinguish them from the traditional economic
firms. Attention is given to the cultural demand and the quality of the visitors
experience, in particular in relation with the occurrence of congestion situations.
The laws governing the behaviour of the system through time are defined by three
distinct dynamical systems, depending on the position of the visitor attendance
rate with respect to two critical levels: the congestion threshold which is a fixed
parameter of the system and the extreme congestion threshold which depends on
the congestion management policy. Because of the regime switching the optimal
control problem is non-differentiable and the standard Pontryagin maximum
principle necessary conditions are not suitable for characterizing the optimal
solutions. The Clarke's generalized maximum principle necessary conditions for an
optimal solution are derived, which provide some useful information to define
special classes of control functions. We discuss the existence of an optimal
solution which is economically meaningful and some special classes of control
functions.
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Bibliographic Info
Paper provided by Universiteit van Amsterdam, Center for Nonlinear Dynamics in
Economics and Finance in its series CeNDEF Workshop Papers, January 2001 with
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Date of creation: 04 Jan 2001
Date of revision:
Handle: RePEc:ams:cdws01:po7
Contact details of provider:
Postal: Dept. of Economics and Econometrics, Universiteit van Amsterdam,
Roetersstraat 11, NL - 1018 WB Amsterdam, The Netherlands
Phone: + 31 20 525 52 58
Fax: + 31 20 525 52 83
Email: redactie@fee.uva.nl
Web page: http://www.fee.uva.nl/cendef/
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Cited by:
 Laura Onofri & Antonello Scorcu, 2006. "The Life Cycle of Temporary Cultural
Exhibitions: An Empirical Exploration," International Journal of the Economics of
Business, Taylor and Francis Journals, vol. 13(3), pages 447-460.
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Advertising and congestion management policies for a museum temporary exhibition

FUNARI, Stefania

VISCOLANI B.

Archivio istituzionale della ricerca - Università degli Studi di Venezia Ca' Foscari

IDEAS is a service hosted by theResearch Division of theFederal Reserve Bank ofSt. LouisAbout 1700 journals arelisted on RePEc.IDEAS homeBrowse for materialPapersArticlesSoftwareBooksChaptersAuthorsInstitutionsData (FRED®)Find materialJEL ClassificationNEP reportsSearchPub compilationsReading listsMore servicesMyIDEAS NEWNew papers by emailAuthor registrationRankingsGenealogy NEWRePEc Biblio NEWEconAcademics blogaggregatorPlagiarismServices from the StLFedAbout RePEcRePEc homeFAQBlogHelp!RePEc teamParticipating archivesHelp RePEc and getmaterial listedCorrectionsVolunteers Advanced Search  Powered by TraduttoreContents:Author infoAbstractBibliographic infoDownload infoRelated researchReferencesCitationsListsStatisticsCorrectionsStefania Funari(University of Venice)Bruno ViscolaniRegistered author(s):Stefania FunariBruno ViscolaniPAPERS  ARTICLES  AUTHORSINSTITUTIONS  DATA (FRED®)Share: MyIDEAS: LoginAdvertising andcongestion management policies fora museum temporary exhibitionAuthor InfoAbstractIn the economic literature there has recentlybeen a strong interest on culturalorganizations, especially museums.Nevertheless, only a few mathematical modelshave been developed in this field and most of them are econometric models. Theaim of this work is to propose a special optimal control model in order to analyzethe behaviour of a museum institution in terms of advertising and congestionmanagement policies. We focus on a museum which offers a special exhibition in adefinite time period. The model takes into account some of the basic features ofthe museum institutions, which distinguish them from the traditional economicfirms. Attention is given to the cultural demand and the quality of the visitorsexperience, in particular in relation with the occurrence of congestion situations.The laws governing the behaviour of the system through time are defined by threedistinct dynamical systems, depending on the position of the visitor attendancerate with respect to two critical levels: the congestion threshold which is a fixedparameter of the system and the extreme congestion threshold which depends onthe congestion management policy. Because of the regime switching the optimalcontrol problem is non-differentiable and the standard Pontryagin maximumprinciple necessary conditions are not suitable for characterizing the optimalsolutions. The Clarke's generalized maximum principle necessary conditions for anoptimal solution are derived, which provide some useful information to definespecial classes of control functions. We discuss the existence of an optimalsolution which is economically meaningful and some special classes of controlfunctions.Download InfoTo our knowledge, this item is not available for download. To find whetherit is available, there are three options:1. Check below under "Related research" whether another version of this item isavailable online.2. Check on the provider's web page whether it is in fact available.3. Perform a search for a similarly titled item that would be available.Bibliographic InfoPaper provided by Universiteit van Amsterdam, Center for Nonlinear Dynamics inEconomics and Finance in its series CeNDEF Workshop Papers, January 2001 withTop of pageAdvertising and congestion management policies for a museum tempo... http://ideas.repec.org/p/ams/cdws01/po7.html1 di 4 24/10/2013 16:55Get papers listedOpen a RePEc archiveTop of pageAdvertising and congestion management policies for a museum tempo... http://ideas.repec.org/p/ams/cdws01/po7.html2 di 4 24/10/2013 16:55 as  in new windowLength:Date of creation: 04 Jan 2001Date of revision:Handle: RePEc:ams:cdws01:po7Contact details of provider:Postal: Dept. of Economics and Econometrics, Universiteit van Amsterdam,Roetersstraat 11, NL - 1018 WB Amsterdam, The NetherlandsPhone: + 31 20 525 52 58Fax: + 31 20 525 52 83Email: redactie@fee.uva.nlWeb page: http://www.fee.uva.nl/cendef/More information through EDIRCRelated researchKeywords:ReferencesNo references listed on IDEASYou can help add them by filling out this form.CitationsCitations are extracted by the CitEc Project, subscribe to its RSS feed for this item. as  in new windowCited by: Laura Onofri & Antonello Scorcu, 2006. "The Life Cycle of Temporary CulturalExhibitions: An Empirical Exploration," International Journal of the Economics ofBusiness, Taylor and Francis Journals, vol. 13(3), pages 447-460.1.ListsThis item is not listed on Wikipedia, on a reading list or among the top items onIDEAS.StatisticsAccess and download statisticsCorrectionsWhen requesting a correction, please mention this item's handle:RePEc:ams:cdws01:po7For technical questions regarding this item, or to correct its authors, title,abstract, bibliographic or download information, contact: baum@bc.edu(Christopher F. Baum).If you have authored this item and are not yet registered with RePEc, weencourage you to do it here. This allows to link your profile to this item. It alsoallows you to accept potential citations to this item that we are uncertain about.If references are entirely missing, you can add them using this form.If the full references list an item that is present in RePEc, but the system did notlink to it, you can help with this form.If you know of missing items citing this one, you can help us creating those linksby adding the relevant references in the same way as above, for each referingitem. If you are a registered author of this item, you may also want to check the"citations" tab in your profile, as there may be some citations waiting forconfirmation.Please note that corrections may take a couple of weeks to filter through theTop of pageAdvertising and congestion management policies for a museum tempo... http://ideas.repec.org/p/ams/cdws01/po7.html3 di 4 24/10/2013 16:55This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEcdata.Privacy LegalTop of pageAdvertising and congestion management policies for a museum tempo... http://ideas.repec.org/p/ams/cdws01/po7.html4 di 4 24/10/2013 16:55

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https://iris.unive.it/retrieve/handle/10278/6081/16960/Advertising%20and%20congestion%20management.pdf

Advertising and congestion management policies for a museum temporary exhibition

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