ECON 315 Week 7 Discussion

Does airline pricing follow Game Theory? Why or why not? Give an example to support your answer. (An Internet search for the term ‘airline pricing structure’ will yield many resources.)

Additionally, give an example of a non-price factor in an imperfectly competitive aviation market. Does this match current data (i.e., Do current prices reward the non-price competitive factor)?

Post an initial response to the discussion topic by the third day of the module week. Reply to at least one peer’s initial response by the final day of the module week.