Similar Search Results

THE NEW BASEL ACCORD AND THE NATURE OF RISK: A GAME THEORETIC PERSPECTIVE

BIETA, VOLKER; BROLL, UDO; MILDE, HELLMUTH; SIEBE, WILFRIED - In: Annals of Financial Economics (AFE) 04 (2008) 01, pp. 0850003-1

theory is a useful set of tools for better understanding different risk settings. Embedded in a short history of the Basel … Accord in this article we introduce some basic ideas of game theory in the context of rating procedures in accordance with … Basel II. As well, some insight is given how game theory works. Here, the primary value of game theory stems from its focus …

Persistent link: https://www.econbiz.de/10011011022

An airline revenue management pricing game with seat allocation

Raza, Asif Syed; Akgunduz, Ali - In: International Journal of Revenue Management 2 (2008) 1, pp. 42-62

This paper studies a horizontal fare-pricing competition between two airlines having a single flight leg. Two distinct scenarios are considered. First, the two airlines price competition for the pre-committed booking limits is analysed. The problem is studied under deterministic price sensitive...

Persistent link: https://www.econbiz.de/10008539542

An airline revenue management pricing game with seat allocation

Raza, Asif Syed; Akgunduz, Ali - In: International Journal of Revenue Management 2 (2008) 1, pp. 42-62

Persistent link: https://www.econbiz.de/10005751543

On a game in manufacturing

Baston, V. J.; Garnaev, A. Y. - In: Computational Statistics 52 (2000) 2, pp. 237-249

We analyse a non-zero sum two-person game introduced by Teraoka and Yamada to model the strategic aspects of production development in manufacturing. In particular we investigate how sensitive their solution concept (Nash equilibrium) is to small variations in their assumptions. It is proved...

Persistent link: https://www.econbiz.de/10010759593