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http://hdl.handle.net/20.500.11889/4007| Title: | Resort pricing and bankruptcy | Authors: | Mousa, Abdelrahim Faias, Marta Pinto, Alberto |
Keywords: | Game theory;Equilibrium (Economics);Bankruptcy;Pricing | Issue Date: | 12-Apr-2011 | Publisher: | Springer-Verlag | Series/Report no.: | Springer Proceedings in Mathematics; | Abstract: | We introduce the resort prices model, where different types of tourists can choose between different resorts. We study the influence of the resort prices in the choices of the different types of tourists. We characterize the coherent strategies of the tourists that are Nash equilibria. We find the prices that lead to the bankruptcy of the resorts and, in particular, their dependence on the characteristics of the tourists. | URI: | http://link.springer.com/chapter/10.1007%2F978-3-642-14788-3_40 http://hdl.handle.net/20.500.11889/4007 |
ISBN: | 978-3-642-14788-3 | ISSN: | 2190-5614 |
| Appears in Collections: | Fulltext Publications |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| Resort Pricing and Bankruptcy.pdf | 667.63 kB | Adobe PDF | View/Open |
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