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Author:Bhaumik, P.K.
Title:Regulating the domestic air travel in India: An umpire's game
Journal:Omega
2002 : FEB, VOL. 30:1, p. 33-44
Index terms:Industries
Airlines
Air transport
Travel
Regulations
Game theory
India
Language:eng
Abstract:This paper analyzes the competitive strategies available to an Indian airline in a scenario where the entry of private domestic airlines has only recently been allowed. The Calcutta-Delhi route is initially analyzed as an example - where there are three major competing players. The fare charged by each airline being the same, the number of departures is used as one of the major competitive weapons. Game theory is used here as useful tool to analyze such situations. The equilibrium behaviour of the airlines is studied and the possibility of the game being played at the focal point is then analyzed.
SCIMA record nr: 232347
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