MODELING AIRPLANE COMPETITION WITH TWO FARE CLASSES UNDER STATIC AND DYNAMIC GAMES

Due to deregulation of airlines entry and airfares in the last decease, Taiwans domestic air travel market becomes very competitive. In order to explore the competition behavior among airlines, this paper analyzes airlines strategies on airfares and frequency by applying static and dynamic game theory. The airlines payoff function consists of an O-D travel demand model, an airline market share model, and a cost function. Four solution approaches are proposed and presented in the case study based on data collected from the Taipei-Kaohsiung air travel market.

Language

  • English

Media Info

  • Features: References; Tables;
  • Pagination: p. 501-512

Subject/Index Terms

Filing Info

  • Accession Number: 00784098
  • Record Type: Publication
  • ISBN: 0080435904
  • Report/Paper Numbers: Volume 4
  • Files: TRIS
  • Created Date: Feb 21 2001 12:00AM