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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
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 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
Supermarket retailers make strategic pricing decisions in a high-frequency, repeated game environment both in buying and selling fresh produce. In this context, there is some question as to whether a non-cooperative equilibrium can emerge that produces margins above the competitive level....
Persistent link: https://www.econbiz.de/10005809104