DocumentCode
3450967
Title
Hoteling Model with Stackelberg Game Under Uncertain Consumer Preference
Author
Diao Xin-Jun ; Yang De-Li ; Li Hui-Fen ; Hu Run-Bo
Author_Institution
Sch. of Manage., Dalian Univ. of Technol., Dalian
fYear
2008
fDate
12-14 Oct. 2008
Firstpage
1
Lastpage
4
Abstract
In hotelling model with Stackelberg game, the paper introduces uncertain consumer preference and research its effect on firms competitive strategy. According to the equilibrium results, market leader obtain higher market price and profit than that of market follower under uncertain consumer preference; Comparing result under certain consumer preference, uncertainty increases product equilibrium price, profit, differentiation and social welfare.
Keywords
hotel industry; marketing; profitability; public administration; Stackelberg game; consumer preference; hoteling model; market price; market profit; product equilibrium price; social welfare; uncertain consumer preference; Application software; Cost function; Electronic mail; Nash equilibrium; Paper technology; Pricing; Production; Springs; Technology management; Uncertainty;
fLanguage
English
Publisher
ieee
Conference_Titel
Wireless Communications, Networking and Mobile Computing, 2008. WiCOM '08. 4th International Conference on
Conference_Location
Dalian
Print_ISBN
978-1-4244-2107-7
Electronic_ISBN
978-1-4244-2108-4
Type
conf
DOI
10.1109/WiCom.2008.1418
Filename
4679326
Link To Document