Location-Price Competition in Airline Networks
Joint Authors
Tokareva, J.
Mazalov, V.
Hu, Jinsong
Shchiptsova, A.
Song, L.
Gao, H.
Source
Journal of Applied Mathematics
Issue
Vol. 2014, Issue 2014 (31 Dec. 2014), pp.1-9, 9 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2014-07-14
Country of Publication
Egypt
No. of Pages
9
Main Subjects
Abstract EN
This paper addresses location-then-price competition in airline market as a two-stage game of n players on the graph.
Passenger’s demand distribution is described by multinomial logit model.
Equilibrium in price game is computed through best response dynamics.
We solve location game using backward induction, knowing that airlines will choose prices from equilibrium for the second-stage game.
Some numerical results for airline market under consideration are presented.
American Psychological Association (APA)
Gao, H.& Hu, Jinsong& Mazalov, V.& Shchiptsova, A.& Song, L.& Tokareva, J.. 2014. Location-Price Competition in Airline Networks. Journal of Applied Mathematics،Vol. 2014, no. 2014, pp.1-9.
https://search.emarefa.net/detail/BIM-476127
Modern Language Association (MLA)
Gao, H.…[et al.]. Location-Price Competition in Airline Networks. Journal of Applied Mathematics No. 2014 (2014), pp.1-9.
https://search.emarefa.net/detail/BIM-476127
American Medical Association (AMA)
Gao, H.& Hu, Jinsong& Mazalov, V.& Shchiptsova, A.& Song, L.& Tokareva, J.. Location-Price Competition in Airline Networks. Journal of Applied Mathematics. 2014. Vol. 2014, no. 2014, pp.1-9.
https://search.emarefa.net/detail/BIM-476127
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-476127
