• 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