TY - CHAP
T1 - Resort Pricing and Bankruptcy
AU - Mateus, Marta Cristina Vieira Faias
PY - 2011/1/1
Y1 - 2011/1/1
N2 - We introduce a resort pricing model, where different types of tourists choose between different resorts. We study the influence of the resort prices on 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 ofthe resorts and, in particular, their dependence on the characteristics of the tourists.
AB - We introduce a resort pricing model, where different types of tourists choose between different resorts. We study the influence of the resort prices on 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 ofthe resorts and, in particular, their dependence on the characteristics of the tourists.
U2 - 10.1007/978-3-642-14788-3
DO - 10.1007/978-3-642-14788-3
M3 - Chapter
SN - 978-3-642-14787-6 / 978-3-642-14788-3
VL - 2
T3 - Springer Proceedings in Mathematics
SP - 567
EP - 573
BT - Dynamics, Games and Science II
A2 - Peixoto, Mauricio Matos
A2 - Rand, David A.
A2 - Pinto, Alberto Adrego
PB - Springer
CY - Springer-Verlag Berlin Heidelberg
ER -