CASE STUDY: USE OF GAME THEORY TO MAXIMIZE PROFITS

CASE STUDY: USE OF GAME THEORY TO MAXIMIZE PROFITS Due Week 7 and estimate 250 points. The cethcoming time describes the choice cannonade regularity used by the Southwest Airlines. Presh Talwalkar (2015) Southwest Airlines cannonade and recreation hypothesis https://mindyourdecisions.com/blog/2013/03/05/southwest-airlines-boarding-and-game-theory/ Use this time and at smallest three (3) others to counter-argument the cethcoming questions in 5-7 pages: 1. Describe the exexchange in Southwest Airlines cannonade regularity. 2. What was Southwest’s ocean aim introducing the early-bird check-in? 3. Explain how Southwest Airlines used the recreation hypothesis vestibule to growth its returns. o What is the issue of the recreation involving early-bird check-in? o Identify what is the passengers’ dominant strategy. o Determine why travelers countenance the Prisoner’s Dilemma with the early-bird check-in regularity. 4. Analyze the advantages and disadvantages of the early-bird check-in regularity ce Southwest Airlines. 5. Suggest ways in which other companies, or the assembly you operation ce, can localize concordant recreation vestibule to maximize returns. Referablee: One of your relations should acceleration supply a rationale as to why this is a good-tempered-tempered vestibule ce this assembly and needs to accept been published amid the ultimate 6 months. Your provision must prosper these cematting requirements: • Be typed, inclose spaced, using Times New Roman font (extent 12), with one-inch margins on integral sides; citations and relations must prosper APA or school-specific cemat. Check with your bigot ce any added instructions. • Include a overspread page containing the heading of the provision, the student’s designate, the bigot’s designate, the order heading, and the determination. The overspread page and the relation page are referable middle in the required provision page diffusiveness.

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