Showing 1 - 4 of 4
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
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/10005751543
theory problems. Linear programming was shown as a viable method for solving mixed strategy zero-sum games. We review this … methodology and suggest a class of zero-sum game theory problems that are well suited for linear programming. We applied this … theory of linear programming to non-zero sum games. We suggest and apply a separate formulation for a maximising linear …
Persistent link: https://www.econbiz.de/10008755532
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