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What is Market Dynamics

Global Cargo Industry: Resilience of Asia-Pacific Shipping Industries
Market dynamics in the context of cruise tourism refer to the changing trends, demands, and competitive forces within the cruise industry. This includes factors such as changing consumer preferences, emerging markets, regulatory changes, and technological advancements impacting cruise tourism.
Published in Chapter:
Dynamics of Cruise Tourism in Asia: A Multifaceted Perspective
Harshada Satghare (Vishwakarma University, India)
DOI: 10.4018/979-8-3693-1602-3.ch010
Abstract
Cruise tourism in Asia has experienced remarkable growth and transformation over the past few decades. This region, once relatively unexplored by the cruise industry, has become a key player in the global cruise market. To support this growth, significant investments have been made in cruise port infrastructure. Challenges facing cruise tourism in Asia include geopolitical tensions, infrastructural limitations, and the need for improved sustainability. Opportunities lie in tapping into the vast potential of the Asian cruise market and further developing itineraries. The future of cruise tourism in Asia looks promising. However, the industry will also need to address sustainability and other challenges to ensure its long-term success. This chapter proposal aims to provide a comprehensive understanding of the dynamics of cruise tourism in Asia, covering current status and challenges.
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Modeling an Artificial Stock Market
The result of the interactions between the decisions of the various investors evolving in a complex environment. This result can be described on a global level without referring to the specific attributes of the microeconomic agents composing the market and depends on the initial conditions of the system ( Lane, 1993 ).
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