Applies game theory to airlines' fare-setting. Description of economic & mathematical theory, modeling & strategies, yield management, zero-sum.
Written in 1999; 2,925 words; 11 sources; $ 103.95
From the Paper:
"ABSTRACT
One research question was addressed in this study. That question is as follows: "Can the competitive behavior of air transportation companies in the United States market in relation to setting fares be explained as an application of game theory"?
Game theory, as applied in the airfare wars. forecasts how competitors will respond when confronted with certain competitive situations. When formulating business strategy, no company can afford to ignore how competitors will behave. Game theory is based on the premise that in any competitive situation there are factors at work which lend themselves to mathematical representation and analysis. In turn, these representations and analyses will help explain how a result will occur.
The findings of this research indicate that the airfares competition gives the appear.."
More papers on "Airline Competition & Game Theory"
We have thousands of high-quality term papers, research papers, essays, book reports and dissertations on every topic. At AcaDemon, you can download those term papers to help you write yours! You can be sure that the term paper, essay, book report or research paper you download are top-quality, competitively priced and high-level work.
This Free Term Paper Abstract is a part of our Term Paper Library.Here you can purchase research papers, examples of essays, academic dissertations, articles, notes, analytical papers, book reports, stories and poems. We have thousands of persuasive, point-of-view, narrative, critical, compare and contrast and other types of essays in our Library. You can also find here Term papers on "Airline Competition & Game Theory", Essays on "Airline Competition & Game Theory", Research papers on "Airline Competition & Game Theory", Student papers on "Airline Competition & Game Theory", Book reports on "Airline Competition & Game Theory", Dissertation on "Airline Competition & Game Theory", Thesis on "Airline Competition & Game Theory", Summary of paper on "Airline Competition & Game Theory", Articles written on "Airline Competition & Game Theory".
Look for more research papers, essays and book reports on