Resort Pricing and Bankruptcy

• Type: Article in International Conference Proceedings Book
• Date: 2011

Authors

Alberto A Pinto (Author) FCUP; Marta Faias (Author) Other; Abdelrahim S Mousa (Author) Other

Conference proceedings International

Title: Springer Proceedings in Mathematics

Pages: 567-573

International Conference DYNA 2008

Braga, PORTUGAL, SEP 08-12, 2008

Indexing

ISI Web of Knowledge - 1 Citation

Scopus - 1 Citation

Scientific classification

FOS: Natural sciences > Mathematics

Other information

Authenticus ID: P-002-WJA

DOI: 10.1007/978-3-642-14788-3_40

Abstract (EN): 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 of the resorts and, in particular, their dependence on the characteristics of the tourists.

Language: English

Type (Professor's evaluation): Scientific

No. of pages: 7