Use of Game Theory

1. Describe the change in Southwest Airlines boarding process. Thoroughly describes the change in Southwest Airlines boarding process.

2. Discusses Southwest’s main goal introducing the early-bird check-in. Thoroughly discusses Southwest’s main goal introducing the early-bird check-in.

3. Explain how Southwest Airlines used the game theory approach to increase its profits. Thoroughly explains how Southwest Airlines used the game theory approach to increase its profits.

4. Analyze the advantages and disadvantages of the early-bird check-in process for Southwest Airlines. Thoroughly plotted the demand curve for the firm.

5. Suggest ways in which other companies, or the company you work for, can utilize similar game approach to maximize profits. Thoroughly suggests ways in which other companies, or the company you work for, can utilize similar game approach to maximize profits.

 

 

 

 

 

 

Sample Solution

ACED ESSAYS