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- W2409673911 abstract "The chapter deals with Bayesian structural equation modeling (SEM) for the case of travel agencies. The focus of research is the investigation of possible impacts of external integration with transport suppliers on the efficiency of travel agencies. In order to calculate the efficiency, the data envelopment analysis was used. For the construction of the measurement part of the model, the confirmatory factor analysis (CFA) was conducted, while its structural part was developed by the means of SEM procedure. When conducting the CFA and SEM procedures, the Bayesian estimation method was employed. Its performance was also compared with the maximum likelihood method and the fit indices of both methods were inspected. The results show that the derived model fits well to the real data. The study confirms certain positive effects of the external integration on the efficiency. This finding could represent an important guideline for the managers of the travel agencies." @default.
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- W2409673911 date "2016-01-01" @default.
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- W2409673911 title "Efficiency and Travel Agencies" @default.
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- W2409673911 doi "https://doi.org/10.4018/978-1-5225-0001-8.ch010" @default.
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