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Business, 16.04.2020 22:38 babygirl1780

Airlines often find themselves in price wars. Consider the following game: Delta and United are the only two airlines flying the route from Houston to Omaha. Each firm has two strategies: charge a high price or charge a low price. What (if any) is the dominant strategy for each firm?

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Airlines often find themselves in price wars. Consider the following game: Delta and United are the...
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