EconPapers    
Economics at your fingertips  
 

Applying Fuzzy Logic of Expert Knowledge for Accurate Predictive Algorithms of Customer Traffic Flows in Theme Parks

Tomasz Korol () and Anestis Fotiadis ()
Additional contact information
Tomasz Korol: Faculty of Management and Economics, Gdansk University of Technology, Gdansk, Poland
Anestis Fotiadis: Entertainment Management Department, International College, I-Shou University, Kaohsiung, Taiwan

International Journal of Information Technology & Decision Making (IJITDM), 2016, vol. 15, issue 06, 1451-1468

Abstract: This study analyzes two forecasting models based on the application of fuzzy logic and evaluates their effectiveness in predicting visitor expenditure and length of stay at a popular theme park. The forecasting models are based on a set of more than 600 decision rules constructed in the form of a complex series of IF-THEN statements. These algorithms store expert knowledge. A descriptive instrument that records the individual visitor’s time spent and expenditure distribution on activities in the E-Da World in Taiwan was used to gather data. From a process of rigorous verification, the models developed are characterized by a high level of accuracy and efficiency.

Keywords: Fuzzy logic; forecasting; theme park; customer behavior; visitor expenditure; tourism management (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
http://www.worldscientific.com/doi/abs/10.1142/S0219622016500425
Access to full text is restricted to subscribers

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wsi:ijitdm:v:15:y:2016:i:06:n:s0219622016500425

Ordering information: This journal article can be ordered from

DOI: 10.1142/S0219622016500425

Access Statistics for this article

International Journal of Information Technology & Decision Making (IJITDM) is currently edited by Yong Shi

More articles in International Journal of Information Technology & Decision Making (IJITDM) from World Scientific Publishing Co. Pte. Ltd.
Bibliographic data for series maintained by Tai Tone Lim ().

 
Page updated 2025-03-20
Handle: RePEc:wsi:ijitdm:v:15:y:2016:i:06:n:s0219622016500425