>> Artigo Publicado na RELIT - Revista de Literatura dos Transportes - www.nectar.ita.br/relit
An Empirical Game-Theoretical Approach to Model a Price War
in the Brazilian Airline Industry
José Maria Ferreira Jardim da Silveira[†]
Alessandro Vinícius Marques de Oliveira[‡]
Resumo
This paper develops a model of post-liberalization price competition on the route Rio de Janeiro - São Paulo that culminated in the rupture of a thirty-nine year-old cooperative structure - the air shuttle service cartel. By modeling and calibrating a two-stage Stackelberg game with incomplete information it intends to contribute to the understanding of price war rationality in the airline industry.
Palavras-chave: game theory, econometrics, price competition, airline, cartel.
>> Artigo Publicado na RELIT - Revista de Literatura dos Transportes - www.nectar.ita.br/relit
Referência:Silveira, J. M. e Oliveira, A. V. M. (2008) An Empirical Game-Theoretical Approach to Model a Price War in the Brazilian Airline Industry. Revista de Literatura dos Transportes, vol. 2, n. 1, pp. 7-20.
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