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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
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
In this paper we consider open-loop Nash equilibria of the linear-quadratic differential game.As well the finite-planning-horizon, the infinite-planning horizon as convergence properties of the finite-planning-horizon equilibrium if the planning horizon is extended to infinity are...
Persistent link: https://www.econbiz.de/10011086798
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