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Blume, Lawrence - EconWPA - 1996

Population games are stochastic processes which explicitly model Nash's (1950) mass action interpretation of Nash equilibrium. The mass action interpretation envisions a population of players for each position in the game, and that players are randomly matched for play. The hope is that the...

Persistent link: https://www.econbiz.de/10005407624

Game Theory: An Introduction

Tadelis, Steven - Princeton University Press

This comprehensive textbook introduces readers to the principal ideas and applications of game theory, in a style that … information. He covers a host of topics, including multistage and repeated games, bargaining theory, auctions, rent-seeking games …, mechanism design, signaling games, reputation building, and information transmission games. Unlike other books on game theory …

Persistent link: https://www.econbiz.de/10010681117

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