Business, Management and Accounting
8 years ago

New study reveals key factors influencing price competition in tourism industry.

Guilin Luyou Gaodeng Zhuanke Xuexiao xuebao
Price Competition Estimation in Tourism Based on Game Theory
Wei Xiang

Paper Summary

The article examines how market structure affects price competition in tourism using game theory. It identifies key factors influencing market conditions and introduces two indexes, market structure index and tacit index, to measure the level of price competition in the industry.

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