Coopetition Strategies for airlines based on Game Theory

Heiets, I and Oleshko, T 2019, 'Coopetition Strategies for airlines based on Game Theory', in IAC 2018: 18th Australian International Aerospace Congress: HUMS - 11th Defence Science and Technology (DST) International Conference on Health and Usage Monitoring (HUMS 2019): ISSFD - 27th International Symposium on Space Flight Dynamics (ISSFD), Melbourne, Australia, 24-28 February 2019, pp. 204-209.


Document type: Conference Paper
Collection: Conference Papers

Title Coopetition Strategies for airlines based on Game Theory
Author(s) Heiets, I
Oleshko, T
Year 2019
Conference name Australian International Aerospace Congress (AIAC18)
Conference location Melbourne, Australia
Conference dates 24-28 February 2019
Proceedings title IAC 2018: 18th Australian International Aerospace Congress: HUMS - 11th Defence Science and Technology (DST) International Conference on Health and Usage Monitoring (HUMS 2019): ISSFD - 27th International Symposium on Space Flight Dynamics (ISSFD)
Publisher Engineers Australia, Royal Aeronautical Society
Place of publication Melbourne, Australia
Start page 204
End page 209
Total pages 6
Abstract This study focuses on the game theory aiming to create coopetition strategy for airlines based on various forms of cooperation. Airlines have created networks of alliances and signed code sharing agreements in order to increase the competitive advantages and customer benefits, which include increasing number of destinations, reducing costs, promoting innovation, increasing the level and standards of customer service, and increasing company's brand recognition that individual companies cannot provide. Previous literature studies on coopetition strategy focus on the interaction analysis of only two players in the game, the setting is limited to the symmetric pure Nash strategy equilibrium. However, the main objective of this study is to create the coopetitive strategic games for Emirates Airlines and Etihad Airways based on the different types of cooperation with non-opposite interests that allows to identify which games can be played in each conflict of interest and situation in future development faced by airlines in their operating environments.
Subjects Transport Economics
Air Transportation and Freight Services
International Business
Keyword(s) game theory
cooperation
coopetition
strategy
airlines
Emirates Airlines
Etihad Airways.
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ISBN 9781925627213
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