Skip to main content
SpringerLink
Log in

Resort Pricing and Bankruptcy

  • Conference paper
  • First Online:
Book cover Dynamics, Games and Science II

Part of the book series: Springer Proceedings in Mathematics ((PROM,volume 2))

Abstract

We introduce the resort prices model, where different types of tourists can choose between different resorts. We study the influence of the resort prices in the choices of the different types of tourists. We characterize the coherent strategies of the tourists that are Nash equilibria. We find the prices that lead to the bankruptcy of the resorts and, in particular, their dependence on the characteristics of the tourists.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Log in via an institution
Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 219.00
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 279.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book
USD 279.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  1. Brida, J., Defesa, M., Faias, M., Pinto, A.: Equilibrium in a Tourism Model with Different Types. In: Peixoto, M., Pinto, A., Rand, D. (eds.) Dynamics, Games and Science. Proccedings in Mathematics Series. Springer, Berlin (2011)

    Google Scholar 

  2. Brida, J., Defesa, M., Faias, M., Pinto, A.A.: Strategic choice in tourism with differentiated crowding types. Econ. Bull. (2011)

    Google Scholar 

  3. Conley, J.P., Wooders, M.H.: Tiebout economies with differential genetic types and endogenously chosen crowding characteristics. J. Econ. Theory 98, 261–294 (2001)

    Article  MathSciNet  MATH  Google Scholar 

  4. Ferreira, F.A., Ferreira, F., Ferreira, M., Pinto, A.A.: Quantity competition in a differentiated duopoly. In: Machado, J.A.T., et al. (eds.) Intelligent Engineering Systems and Computational Cybernetics, pp. 365–374. Springer, New York (2008)

    Google Scholar 

  5. Ferreira, F.A., Ferreira, F., Pinto, A.A.: Bayesian price leadership. In: Tas, K., et al. (eds.) Mathematical Methods in Engineering, pp. 359–369. Springer, Dordrecht (2007)

    Chapter  Google Scholar 

  6. Ferreira, F.A., Ferreira, F., Pinto, A.A.: Flexibility in Stackelberg Leadership. In: Machado, J.A.T., et al. (eds.) Intelligent Engineering Systems and Computational Cybernetics, pp. 399–405. Springer, New York (2008)

    Google Scholar 

  7. Ferreira, F.A., Ferreira, F., Pinto, A.A.: ‘Own’ price influences in a Stackelberg leadership with demand uncertainty. Braz. J. Bus. Econ. 8(1), 29–38 (2008)

    Google Scholar 

  8. Ferreira, F., Ferreira, F.A., Pinto, A.A.: Price-setting dynamical duopoly with incomplete information. In: Machado, J.A.T., et al. (eds.) Nonlinear Science and Complexity, pp. 1–7. Springer, Berlin (2009)

    Google Scholar 

  9. Ferreira, F.A., Ferreira, F., Pinto, A.A.: Uncertainty on a Bertrand duopoly with product differentiation. In: Machado, J.A.T., et al. (eds.) Nonlinear Science and Complexity, pp. 1–7. Springer, Berlin (2009)

    Google Scholar 

  10. Ferreira, F.A., Ferreira, F., Pinto, A.A.: Unknown costs in a duopoly with differentiated products. In: Tas, K. et al. (eds.): Mathematical Methods in Engineering, pp. 371–379. Springer, Dordrecht (2007)

    Google Scholar 

  11. Liu, Z., Siguaw, J.A., Enz, C.A.: Using Tourist Travel Habits and Preferences to assess Strategic Destination Positioning: The case of Costa Rica. Cornell Hosp. Q. 49, 3 (2008)

    Google Scholar 

  12. Mousa, A.S., Mousa, M.S., Samarah, M.R.: PintoŠs Tilings and Bussola for Making Decisions. In: Peixoto, M., Pinto, A., Rand, D. (eds.) Dynamics, Games and Science. Proccedings in Mathematics Series. Springer, Berlin (2011)

    Google Scholar 

  13. Mudur, G.S.: Maths for movies, medicine & markets. The Telegraph Calcutta, India, 20/09/2010

    Google Scholar 

  14. Pinto, A.A.: Shape Game Theory and Duopoly Models. Interdisciplinary Applied Mathematics Series. Springer, New York (2011)

    Google Scholar 

  15. Pinto, A.A., Mousa, A.S., Mousa, M.S., Samarah, R.M.: Tilings, Chromosomes and Bussola for Human Evolutionary Dynamical Yes-No Decision Models (2011)

    Google Scholar 

  16. Pinto, A.A., Oliveira, B.M.P.M., Ferreira, F.A., Ferreira, M.: Investing to Survive in a Duopoly Model. In: Machado, J.A.T. et al. (eds.) Intelligent Engineering Systems and Computational Cybernetics, pp. 407–414. Springer, Berlin (2008)

    Google Scholar 

  17. Pinto, A.A., Oliveira, B.M.P.M., Ferreira, F.A., Ferreira, F.: Stochasticity Favoring the Effects of the R&D Strategies of the Firms. In: Machado, J.A.T., et al. (eds.) Intelligent Engineering Systems and Computational Cybernetics, pp. 415–423. Springer, Berlin (2008)

    Google Scholar 

Download references

Acknowledgements

We thank LIAAD-INESC Porto LA, Calouste Gulbenkian Foundation, PRODYN-ESF, POCTI and POSI by FCT and Ministério da Ciência e da Tecnologia, and the FCT Pluriannual Funding Program of the LIAAD-INESC Porto LA, for their financial support.

Author information

Authors and Affiliations

  1. LIAAD-INESC Porto LA e Departamento de Matemática, Faculdade de Ciências, Universidade do Porto, Rua do Campo Alegre, 687, Porto, 4169-007, Portugal

    Alberto A. Pinto & Abdelrahim S. Mousa

  2. Centro de Matemática e Departamento de Matemática e Aplicações, Escola de Ciências, Universidade do Minho, Campus de Gualtar, Braga, 4710-057, Portugal

    Alberto A. Pinto

  3. Department of Mathematics, Universidade Nova de Lisboa, Lisbon, Portugal

    Marta Faias

Authors
  1. Alberto A. Pinto
    View author publications

    You can also search for this author in PubMed Google Scholar

  2. Marta Faias
    View author publications

    You can also search for this author in PubMed Google Scholar

  3. Abdelrahim S. Mousa
    View author publications

    You can also search for this author in PubMed Google Scholar

Corresponding author

Correspondence to Alberto A. Pinto .

Editor information

Editors and Affiliations

  1. Pura e Aplicada (IMPA), Instituto de Matemática, Estrada Dona Castorina 110, Rio de Janeiro, 22460-320, Rio de Janeiro, Brazil

    Mauricio Matos Peixoto

  2. Faculdade de Ciências, Departamento de Matemática, Universidade do Porto, Rua do Campo Alegre 687, Porto, 4169-007, Portugal

    Alberto Adrego Pinto

  3. Warwick Systems Biology, University of Warwick, Coventry House, Coventry, CV4 7AL, United Kingdom

    David A. Rand

Rights and permissions

Reprints and permissions

Copyright information

© 2011 Springer-Verlag Berlin Heidelberg

About this paper

Cite this paper

Pinto, A.A., Faias, M., Mousa, A.S. (2011). Resort Pricing and Bankruptcy. In: Peixoto, M., Pinto, A., Rand, D. (eds) Dynamics, Games and Science II. Springer Proceedings in Mathematics, vol 2. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-14788-3_40

Download citation

Publish with us

Policies and ethics

Search

Navigation