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Competition in the advanced sale of service capacity
Ng, Irene C.L.; Lee, Khai Sheang - In: International Journal of Revenue Management 2 (2008) 4, pp. 307-326
Since service production and consumption are inseparable, many service firms sell their capacity in advance. This paper examines the optimality and practice of advanced sale of service capacity under duopolistic competition. Using a game-theoretic approach, it attempts to explain why, despite...
Persistent link: https://www.econbiz.de/10008539535
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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
Cover Image
Competition in the advanced sale of service capacity
Ng, Irene C.L.; Lee, Khai Sheang - In: International Journal of Revenue Management 2 (2008) 4, pp. 307-326
Since service production and consumption are inseparable, many service firms sell their capacity in advance. This paper examines the optimality and practice of advanced sale of service capacity under duopolistic competition. Using a game-theoretic approach, it attempts to explain why, despite...
Persistent link: https://www.econbiz.de/10005751537
Cover Image
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/10005751543
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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