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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.
ISBN: 978-3-642-14788-3
ISSN: 2190-5614
Appears in Collections:Fulltext Publications

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