Hotel competition under uncertain demand: different objective functions

This research applies game theory to analyse price-set competition between a nonprofit hotel and a for-profit (private) hotel, in a differentiated service market, with uncertain demand. The nonprofit hotel aims to maximize social welfare. We compute the Bayesian-Nash equilibrium, and we analyse the...

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Bibliographic Details
Main Author: Ferreira, Flávio (author)
Other Authors: Ferreira, Fernanda A. (author)
Format: conferenceObject
Language:eng
Published: 2020
Subjects:
Game theory
Bertrand model
Hotel pricing strategies
Demand uncertainty
Online Access:http://hdl.handle.net/10400.22/15822
Country:Portugal
Oai:oai:recipp.ipp.pt:10400.22/15822

Internet

http://hdl.handle.net/10400.22/15822

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