Price-setting hotel competition under uncertain demand

This paper considers a price-set competition between a nonprofit hotel and a for-profit hotel, in a differentiated service market, with uncertain demand. We compute the Bayesian-Nash equilibrium, and we analyse the effects of the degree of altruistic preference on market equilibrium outcomes. As a r...

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Bibliographic Details
Main Author: Ferreira, Fernanda A. (author)
Other Authors: Ferreira, Flávio (author)
Format: conferenceObject
Language:eng
Published: 2019
Subjects:
Game theory
Bertrand model
Hotel pricing strategies
Uncertain demand
Online Access:http://hdl.handle.net/10400.22/15183
Country:Portugal
Oai:oai:recipp.ipp.pt:10400.22/15183

Internet

http://hdl.handle.net/10400.22/15183

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